“At the same time the U.S. dollar’s appreciation against the major currencies continues for more than a year. Since May 2011 till the end of the first quarter of 2012 it has gained almost 10% against the euro,” Emeil Mark wrote for Seeking Alpha.
PowerShares DB US Dollar Index Bullish
Tisha Guerrero contributed to this article.
Read the disclaimer; Tom Lydon is a board member of Guggenheim Investments