Invesco DB US Dollar Index Bearish Fund (UDN)
|Ex-Dividend Date||Dec 23, 2019|
|Day's Range||20.73 - 20.78|
|Inception Date||Feb 20, 2007|
The investment seeks to track the changes, whether positive or negative, in the level of the Deutsche Bank Short US Dollar Index Futures Index. The index reflects the changes in market value over time, whether positive or negative, of a short position in the DX Contract which expires during the months of March, June, September and December. The fund seeks to track the index by establishing short positions in DX Contracts. DX Contracts are linked to the six underlying currencies, or the index currencies, of the U.S. Dollar index (USDX®), or the USDX®. The index currencies are Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.
|Dec 23, 2019||$0.28255||Dec 31, 2019|
|Dec 24, 2018||$0.26545||Dec 31, 2018|
|Dec 18, 2017||$0.02395||Dec 29, 2017|
(Kitco News) - The U.S. dollar has been able to maintain its dominance as the world's reserve currency as many investors see it as "the least dirty shirt in the laundry basket." However, according to on...
The super-easy policies by the Fed and the central government as well as a series of vaccine development have pushed the U.S. dollar down.
The U.S. dollar is sagging. Investors can capitalize on its weakness with the Invesco DB US Dollar Index Bearish Fund (UDN).
With U.S. interest rates at historic lows, the Invesco DB US Dollar Index Bearish Fund (UDN) finds itself in the currency exchange traded fund spotlight. UDN seeks to track the changes, whether positive...
Goldman Sachs recently said that the U.S. dollar may slip to its lows of 2018 on the increasing likelihood of Democratic candidate Joe Biden winning the U.S. election and progress on a coronavirus vaccine.
With gold rallying as of late, it’s been doing no favors to bullish greenback traders. The downward trend will only intensify according to Wells Fargo.
Will a post-pandemic world not be conducive to the U.S. dollar? With trillions of dollars necessary to fight the coronavirus pandemic coupled with deglobalization, the greenback has major headwinds that...
The ultra-easy Fed policy and widening U.S. deficit are likely to keep the greenback subdued in this coming days.
For much of last year, the Invesco DB US Dollar Bullish (NYSEArca: UUP) was a stout performer among currency ETFs, but that strength rapidly turned to weakness in December as UUP slipped nearly 3%.