PowerShares Dollar Bullish Fund (UUP) Hits Record Lows
Volume might be light on the day before Thanksgiving. Yet a record low for the PowerShares U.S. Dollar Bullish Fund (UUP) is still a record low. In mid-July 2008, UUP closed at a price point of 22.27. U.S. dollar devaluation coincided with the peak of the commodity bubble, particularly in oil. The spot price of crude [...] [...more]
