PowerShares DB USD Bull ETF
 (UUP)

- NYSEARCA
What's your position on ?
Bullish
Bearish
Why are you ish?
Skip
Post
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Last vote:
  • Nov. 30, 2015, 3:26 AM
    • The euro is headed for a steep monthly decline as economists unanimously forecast the ECB will unveil additional stimulus this week.
    • The currency has weakened 3.8% in November, its biggest loss since a 4.2% decline in March, when the central bank embarked on a €1.1T asset-purchase program.
    • In contrast, the U.S. Federal Reserve is widely expected to hike interest rates at its mid-December policy meeting, sending up the dollar index to 100.23, its highest level since mid-March.
    • Euro -0.1% to 1.0585.
    • ETFs: FXE, UUP, EUO, UDN, ERO, DRR, FORX, USDU, EUFX, ULE, URR
    | Nov. 30, 2015, 3:26 AM | 4 Comments
  • Nov. 19, 2015, 2:58 PM
    • First among the highest conviction ideas from Francesco Garzarelli and team is long greenbacks (NYSEARCA:UUP) vs. the euro (NYSEARCA:FXE) and yen (NYSEARCA:FXY). The reasoning is simple: A stronger U.S. economy and the divergent (from Europe and Japan) monetary policy that goes along with it.
    • Second is a bullish inflation play - long 10-year TIPS (NYSEARCA:TIP) and short nominal 10-year Treasurys. The market is assigning a 40% probability inflation averages less than 1% over the next five years ... too pessimistic, says Goldman.
    • Also a top idea is to go long large-cap U.S. banks (NYSEARCA:KBE) vs. the S&P 500. Key to this is Goldman's expectation of a steeper yield curve (the opposite of what's occurred lately).
    | Nov. 19, 2015, 2:58 PM | 3 Comments
  • Nov. 17, 2015, 11:14 AM
    • The latest BAML fund manager survey shows 81% of pros expecting a rate hike in December, up from only 47% a month ago.
    • As a result, they're buying greenbacks, making the long dollar (NYSEARCA:UUP) trade the survey's most-crowded - with 32% overweighting the position. Next most-crowded are short commodity stocks (15% underweight) and short emerging market stocks (15% underweight).
    • BAML's Michael Hartnett says November is the "biggest long developed markets versus emerging markets (EEM, VWO) ever." It's also the second-largest overweight eurozone stocks ever, and the third-largest overweight bank names.
    • ETFs: UUP, UDN, FORX, USDU
    | Nov. 17, 2015, 11:14 AM | 3 Comments
  • Nov. 9, 2015, 2:28 AM
    • The dollar ceded some ground to the euro as traders took profits on Monday, after robust U.S. employment data prompted more investors to bet on an interest rate hike in December.
    • The U.S. nonfarm payrolls report on Friday showed a rise of 271K new jobs last month, far exceeding the 183K economists had predicted, sending the dollar to its highest level since mid-April.
    • U.S. Dollar Index -0.1% to 99.19. Euro +0.2% to $1.0756.
    • ETFs: UUP, UDN, FORX, USDU
    | Nov. 9, 2015, 2:28 AM | 2 Comments
  • Nov. 6, 2015, 8:53 AM
    • U.S. stock index futures have moved from flat to down 0.3% since October's nonfarm payroll beat has put the odds squarely in favor of a rate hike in one month.
    • Europe, however, has turned losses into gains, possibly thanks to a spike higher in the dollar (UUP, UDN) and thus a big move lower in the euro (NYSEARCA:FXE). The dollar index is up 1.15%, the euro down 1.7%, and the Stoxx 50 (NYSEARCA:FEZup 0.3%.
    • Gold (NYSEARCA:GLD) is lower by 1.3% since the print to $1,090 per ounce - its weakest level since early August.
    • Previously: December rate hike back on after big jobs number (Nov. 6)
    • Previously: Big beat on jobs number (Nov. 6)
    | Nov. 6, 2015, 8:53 AM | 38 Comments
  • Nov. 5, 2015, 3:00 AM
    • The euro is getting weaker and the U.S. dollar stronger, reigniting a debate among traders over whether the currencies will trade in parity before the end of the year.
    • The moves follow recent dovish remarks from ECB President Mario Draghi and comments from Fed Chair Janet Yellen, suggesting a U.S. central bank rate hike could come in December.
    • U.S. employment and wage figures tomorrow could also reinforce a hike for December, adding extra downside pressure on the EUR-USD conversion.
    • Euro -0.2% to $1.0845.
    • ETFs: FXE, UUP, EUO, UDN, ERO, DRR, FORX, USDU, EUFX, ULE, URR
    | Nov. 5, 2015, 3:00 AM | 8 Comments
  • Oct. 28, 2015, 2:18 PM
    | Oct. 28, 2015, 2:18 PM | 31 Comments
  • Oct. 23, 2015, 4:20 PM
    | Oct. 23, 2015, 4:20 PM | 3 Comments
  • Oct. 23, 2015, 7:42 AM
    | Oct. 23, 2015, 7:42 AM | 14 Comments
  • Oct. 9, 2015, 4:15 PM
    | Oct. 9, 2015, 4:15 PM | 2 Comments
  • Oct. 3, 2015, 6:10 PM
    • Friday’s weak jobs data will cause the dollar to depreciate, Citigroup strategist Steven Englander says.
    • Citi is the top forex trader by volume.
    • With the Fed less likely to raise interest rates, Citi thinks refuge currencies including the yen and the euro will benefit.
    • "The last trades going into the number were going the wrong way, so that basically exacerbates the impact," Englander says. "Emerging markets are going nowhere and Europe and Japan are appreciating."
    • The dollar lost 0.2% vs. the euro this week and 0.6% vs. the yen.
    • ETFs: UUP, UDN, FORX, USDU, FXE, EUO, ERO, DRR, EUFX, ULE, URR, FXY, YCS, JYN, YCL
    | Oct. 3, 2015, 6:10 PM | 24 Comments
  • Oct. 2, 2015, 8:54 AM
    | Oct. 2, 2015, 8:54 AM | 16 Comments
  • Sep. 25, 2015, 9:16 AM
    • The beginning of Q4 is just days away, but it's economic data from Q2 in focus today, with that quarter's GDP growth revised up to 3.9% from 3.7% at the last estimate.
    • The 8:30 ET print caused a quick spike higher in both Treasury yields and the dollar, but both have settled back to levels they were at ahead of the number.
    • The 10-year U.S. Treasury yield is up five basis points to 2.18%, and the dollar index is ahead 0.2%.
    • In a speech after the bell yesterday, Fed boss Janet Yellen promised (again) a rate hike before the books are closed on 2015. Fair enough, but it'll be interesting to see how the Fed walks back that promise should markets suffer another conniption between now and the next FOMC meeting (or the one after). Fed Funds futures are pricing in a bit more than a 50% chance of a rate hike in 2015.
    • ETFs: TBT, TLT, UUP, TMV, UDN, TBF, EDV, TMF, TTT, ZROZ, TLH, SBND, VGLT, UBT, FORX, DLBS, USDU, TLO, TENZ, LBND, DLBL, TYBS, VUSTX
    | Sep. 25, 2015, 9:16 AM | 5 Comments
  • Sep. 17, 2015, 2:12 PM
    | Sep. 17, 2015, 2:12 PM | 39 Comments
  • Sep. 4, 2015, 8:47 AM
    | Sep. 4, 2015, 8:47 AM | 13 Comments
  • Aug. 26, 2015, 8:50 AM
    • ECB Governing Council member Peter Praet earlier said the crash in commodity prices and slowdown in overseas economies put the central bank at risk of missing its inflation target on the downside. "There should be no ambiguity on the willingness and ability of the governing council to act if needed."
    • The euro (NYSEARCA:FXE) is lower by 1% to 1.1370. The dollar index (NYSEARCA:UUP) is ahead by 1%.
    • ETFs: FXE, UUP, EUO, UDN, ERO, DRR, FORX, USDU, EUFX, ULE, URR
    | Aug. 26, 2015, 8:50 AM | 2 Comments
UUP Description
The PowerShares DB US Dollar Bullish Fund (Symbol: UUP) is based on the Deutsche Bank Long US Dollar Index (USDX®) Futures Index™ (DB Long USD Futures Index). The Index, which is managed by DB Commodity Services LLC, is a rules-based index composed solely of long USDX® futures contracts. The USDX® futures contract is designed to replicate the performance of being long the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. You cannot invest directly in an index. Ordinary brokerage commissions apply.
See more details on sponsor's website
Country: United States
ETF Hub
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub