Moreover, the U.S. dollar is seen as a safe-haven currency, which tends to appreciate during times of distress or uncertainty.
“The dollar should be rising, both in response to the terrorist concerns because investors are looking for safety and because of the potential for easing,” Robert Pavlik, senior portfolio manager at Boston Private Wealth, told the WSJ.
PowerShares DB U.S. Dollar Index Bullish Fund
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Max Chen contributed to this article.