The Perfchart below shows the DB Dollar Bullish ETF (UUP) with
nine other currency ETFs. Even though the Dollar is still down for the year, it is up around 4% for December. The Euro and Yen, which represent our two biggest trading partners, are down the most.
Click this chart for details
Click this chart for details
About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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