UUP / Fitch Treasury Downgrade Only Adds To U.S. Dollar Devaluation Concerns: Sell UUP

The Invesco DB US Dollar Index Bullish ETF (UUP) made its debut on 02/20/2007, and is a smart beta exchange traded fund that provides broad exposure t more_horizontal

The U.S. dollar is the world's reserve currency, but its dominance may decline as other currencies gain traction. The dollar index has been volatile, more_horizontal

The USD is rising, along with bond yields. As we head towards the end of summer, I expect FX volatility to increase significantly. The USD's strength more_horizontal

Fitch forecasts rising spending deficits and a recession in the US, making it harder for the dollar to ignore the surprise Treasury downgrade. Medium- more_horizontal

The intermediate-term future of the U.S. dollar and the Invesco DB US Dollar Index Bullish Fund ETF could take one of two paths, each shaped by a set more_horizontal

The UUP ETF gives investors exposure to the U.S. dollar relative to a basket of 6 global currencies. The soft landing scenario appears to be playing o more_horizontal

The Invesco DB US Dollar Index Bullish ETF (UUP) made its debut on 02/20/2007, and is a smart beta exchange traded fund that provides broad exposure t more_horizontal

As global markets shift gears, international equities stand ready to capture investor interest once more. more_horizontal