Analysts think that more than words are going to be needed to truly turn the tide on the dollar, and think an interest rate increase could send the dollar definitively higher.
Before diving in to these ETFs, though, wait until they’re on solid footing and have crossed above their trend lines.
There are an increasing number of ways to capture exposure to a rising dollar, including:
- Market Vectors Double Short Euro (DRR), launched May 22
- PowerShares DB US Dollar Index Bullish (UUP), down 3.9% year-to-date
The dollar vs. the yen and euro in the last year:
