PowerShares DB US Dollar Bullish Fund (NYSEArca: UUP) has been forced to flirt with its 52 week-low. As the commodity markets remain healthy and the euro continues to advance, the U.S. dollar may face an upward battle. [Euro’s Record First Quarter Buoys Currency ETFs.]
Other euro currency plays:
- WisdomTree Dreyfus Euro (NYSEArca: EU) up 2.8% over past week
- ProShares UltraShort Euro (NYSEArca: EUO) down 2.9% over past week; note this ETFs plays the downside of the currency
CurrencyShares Euro Trust
Read the disclaimer; Tom Lydon is a board member of Rydex|SGI.
Tisha Guerrero contributed to this article.