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$UUP US Dollar ETF strong sell verdict
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Invesco DB USD Index Bullish Fund ETF
(
AMEX:UUP
)
SpeculatorsTrading
Essential
AMEX:UUP
Invesco DB USD Index Bullish Fund ETF
Trend Analysis
Beyond Technical Analysis
Fundamental Analysis
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As FED ramps up liquidity injection via Bond purchases. My verdict is the added liquidity will be a drag on USD.
The fall will gain momentum as unhedged foreign bond investors need to close out positions and repatriate out of the US.
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