Loading ...It showed up last night ! in the UUP Dollar Fund !
The $USD and the UUP are not talking the same languague !
Apparently the UUP is Futures based and $USD is cash ? (BASIS) ? Im not a currency trader !
“(In ETF terms, that performance can be seen in a fund like the PowerShares DB US Dollar Index Bullish Fund (UUP), the biggest dollar-tracking ETF, with $545 million in assets.
The fund goes long the U.S. dollar and shorts the currencies of major U.S. trading partners. The portfolio should go up when the dollar goes up. In 2017, UUP has slid nearly as much as the dollar, and investors have now yanked some $265 million from the fund this year.)”