WisdomTree Bloomberg US Dllr Bullish ETF

The US Dollar Index (UUP) managed to close in positive territory in the week ended February 8, 2018, after posting seven consecutive weekly losses.

Looking at the performance of the major commodity-driven currencies on July 25, the Nigerian naira was the biggest casualty.

The recovery of oil prices in the latter half of 2016 has helped the Russian ruble to appreciate along with improved exports.

Stillwater Mining (SWC) has seen a significant increase in recovery rates, which is one of the best in the PGM (platinum group metals) industry.

China had pegged its currency, the yuan, to the US dollar as it was a developing nation.

According to the January 19 Commitment of Traders report, released by the Chicago Futures Trading Commission, large speculators have turned bearish on the US dollar.

The US Dollar Index (UUP) continued its decline, posting a fourth consecutive weekly loss during the week ended January 12.

The US Dollar index (UUP) began 2018 on a negative note, posting losses against most of the major currencies.

The US dollar’s long-term outlook looks marginally better in 2018 than in 2017.

The US Dollar index (UUP) failed to capitalize last week on the optimism from Congress passing the US tax reform bill.

According to Reuters, the US dollar (USDU) net short positions increased to ~-$7.8 billion during the week ended December 15 compared to ~-$4.3 billion in the previous week.

The US Dollar Index (UUP) continued its ascent against the other major currencies as investors positioned for a rate hike from the Fed and reacted to the increased possibility of tax reforms by the end of this year.

The US Dollar Index (UUP) managed to close the week ending December 1 in positive territory with a gain of 0.14%.

In the Conference Board Leading Economic Index, the average weekly unemployment claims have 3.0% weight.

The US Dollar Index (UUP) had another bad week as traders offloaded long dollar positions amid tax reform uncertainty last week.

Bitcoin has been rallying for the past year, with some proponents advocating that it could replace fiat currencies in the future.

The US Dollar Index (UUP) continued to struggle as the fate of US tax reform remains uncertain.

The US Dollar Index (UUP) lost steam last week after posting three consecutive weekly gains.

The US dollar index (UUP) remained supported last week despite a dovish FOMC statement and a lower-than-expected rise in monthly non-farm payrolls.

The British pound depreciated 1.41% against the US dollar after the policy statement from the BOE (Bank of England) on November 2.

The US Dollar Index (UUP) continued its ascent last week.

The US Dollar Index (UUP) has bounced back from the shallow low that it saw the previous week.

The US Dollar Index (UUP) turned lower again in last week after a surprise rally following the October jobs report on October 6.

The US Dollar Index (UUP) closed at 93.64 last week, a gain of 0.82% and the fourth consecutive weekly rise. The dollar didn’t react to a loss of 33,000 jobs in September.

As per the September ADP National Employment Report, the US private sector added 135,000 jobs during the month. The figure is a sharp decrease from 228,000 in August.

The US Dollar Index (UUP) continued its rally last week, closing at 92.88 and posting a gain of 0.99% for the week.

Double dose of optimism for the US dollar The US dollar (UUP) was being written off before the beginning of September, as the Fed was expected to stay on hold and other major central banks were expected to start policy normalization. However, the Fed had a surprise in store for the market. The FOMC’s (Federal Open […]

The US Dollar Index (UUP) failed to rally aggressively despite a hawkish surprise from the US Fed.

The US dollar rallied after the latest FOMC (Federal Open Market Committee) meeting statement was released on September 20.

The US Dollar Index (UUP) witnessed a sharp recovery last week, rebounding from a two-year low of 91.0.

The US dollar has been on a roller coaster ride over the last ten trading sessions. The US dollar (UUP) index hit a low of 90.99 on September 8.

The US Dollar Index (UUP) failed to hold onto its gains from the previous week as investors were convinced that the Fed most likely wouldn’t make any changes to its monetary policy this year.

The US Federal Open Market Committee (or FOMC) is scheduled to meet on September 19 and 20 to discuss the current economic climate in the US and to decide whether any monetary policy adjustments are necessary.

The US Dollar Index (UUP) surprised the markets with its resilience despite a weak August jobs report.

The US Dollar Index closed the week ending August 25 at 92.68—compared to 93.36 in the previous week.

In his speech on August 10, New York Fed President William Dudley joined the group of FOMC members to ease concerns about slowing inflation (TIP).

Last week’s rising geopolitical tensions between the United States and North Korea turned the tide for the yen. The Swiss franc also appreciated.

The British pound recorded another multi-month high of 1.3266 against the US dollar before the Bank of England announced its inflation report and interest rate decision on August 3.

The US Dollar Index (UUP) continued to slide in the previous week due to the FOMC’s dovish statement and weaker-than-expected economic data.

In a statement following the conclusion of its two-day monetary policy meeting, the FOMC stated that US labor market growth was solid.

Another week of appreciation The Japanese yen (JYN) had another positive week, posting gains of 1.3% and closing at 111.12 against the US dollar (UUP). The previous week’s close for the currency pair was 112.53. This strength was primarily driven by the US dollar, rather than positive news from the Japanese economy. Most of the […]

Investors not confident the Bank of England will raise rates The British pound (FXB) has had a roller coaster ride over the last few weeks, as mixed signals were given by the Bank of England. After a hawkish tone at its June meeting, the Bank of England has turned dovish in recent weeks. The British pound […]

US Dollar index reaches a 14-month low The US Dollar Index (UUP) continued with its fall as investors preferred major peers. In the week ended July 21, the US Dollar Index closed at 93.78, falling 1.7% from the week prior. It is headed for its fifth consecutive month of loss this year. Conflicting news from […]

Most of the statement released by the Federal Open Market Committee (or FOMC) following its two-day monetary policy meeting was in line with the market’s expectations.

The Russian ruble (ERUS) tends to move in line with crude oil prices (USO) (UCO).

When ECB president Mario Draghi announced that the interest rate remained unchanged at 0.0%, the euro fell nearly 0.30% against the US dollar.

In its July 2017 monetary policy statement on July 20, 2017, the Bank of Japan reported that it had left interest rates unchanged at -0.1%.

The US Dollar Index (UUP) closed at 94.9, depreciating by 0.90% last week.

Thailand’s trade balance continues to expand due to improvement in external demand and tourism in May 2017.

Economic data from the United Kingdom showed unexpected signs of a slowdown last week, with weaker-than-expected data reported in trade, production, and house prices.