Fed Action Helps Strengthen U.S. Dollar ETF
January 9th at 10:48am by Tom Lydon
I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.
On Thursday, I focused on the PowerShares DB US Dollar Index Bullish Fund (NYSEArca: UUP). Investors can use a U.S. dollar ETF to help capture the strength in the greenback and hedge currency risk with foreign asset exposure as the Fed begins to taper its accommodative measures.
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