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U.S. Dollar ETFs Retreat on Rising Risk Appetite

The U.S. dollar and currency-related exchange traded funds have been reeling as rising risk appetite limited the appeal of the greenback. The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), which tracks the USD’s movements against a basket of major developed currencies, has declined 3.1% since its record high in mid-May. Meanwhile, traders who capitalizedRead More
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