PowerShares DB USD Bull ETF (UUP) - NYSEARCA
  • Apr. 2, 2015, 6:24 AM
    • U.S. equity-index futures dropped with the dollar on Thursday, the last trading day of the week for many markets before the Easter holiday season.
    • Despite many investors sitting on the sidelines prior to the weekend, markets are preparing for the monthly U.S. jobs report for clues on monetary policy.
    • The figures will follow yesterday's weaker-than-estimated data on hiring and manufacturing, which fueled speculation that the U.S. economy is slowing and bolstered the case for keeping interest-rates lower for longer.
    • U.S. stock index futures: Dow -0.3%; S&P -0.4%; Nasdaq -0.4%.
    • The U.S. Dollar Index -0.3% to 98.20.
    • ETFs: UUP, UDN, UUPT, FORX, UDNT, USDU
    | Apr. 2, 2015, 6:24 AM
  • Mar. 20, 2015, 4:12 PM
    • The week's ETF movers - Gainers: EWZ +7.6%. GDXJ +7.54%. SLV +7.38%. SIVR +7.17%. GDX +6.97%.
    • ETF Losers: VXX -8.36%. VNM -3.49%. UUP -2.52%. OIL -2.39%. USO -2.2%.  
    | Mar. 20, 2015, 4:12 PM | 1 Comment
  • Mar. 20, 2015, 9:29 AM
    | Mar. 20, 2015, 9:29 AM | 64 Comments
  • Mar. 19, 2015, 8:04 AM
    • The PowerShares U.S. Dollar Bull ETF (NYSEARCA:UUP) is up 0.9% premarket after diving 2% yesterday following the Fed's surprisingly dovish outlook.
    • The euro is particularly weak, down 1.5% to $1.07 after climbing over $1.10 in very fast trade after the close yesterday. The pound (NYSEARCA:FXB) is down 0.6%, the yen (NYSEARCA:FXY0.5%, loonie (NYSEARCA:FXC1%, swissie (NYSEARCA:FXF1.3%, and aussie (NYSEARCA:FXA1.4%.
    • ETFs: UUP, UDN, UUPT, FORX, UDNT, USDU
    • Previously: Flash crash in the dollar (March 18)
    • Previously: Dollar off sharply as Fed slows rate hike estimates (March 18)
    | Mar. 19, 2015, 8:04 AM | 2 Comments
  • Mar. 18, 2015, 4:25 PM
    • A nice-sized rout in the overbought dollar following the unexpected Fed dovishness turns into something more after the bell, with the euro (NYSEARCA:FXE) flying all the way past $1.10 vs. just above $1.08 at 4 ET (prior to the Fed news, it was around $1.0650). In the last few minutes the common currency has returned to $1.0914.
    • The other major currencies also saw big post-4 ET moves, but not of the euro's magnitude.
    • The Dollar Bull ETF (NYSEARCA:UUP) is lower by 0.7% after hours, following a 2% dive in the day session.
    • Previously: Dollar off sharply as Fed slows rate hike estimates (March 18)
    • ETFs: FXE, UUP, EUO, UDN, ERO, DRR, UUPT, FORX, UDNT, EUFX, USDU, ULE, URR
    | Mar. 18, 2015, 4:25 PM | 6 Comments
  • Mar. 18, 2015, 2:15 PM
    | Mar. 18, 2015, 2:15 PM | 1 Comment
  • Mar. 13, 2015, 4:12 PM
    | Mar. 13, 2015, 4:12 PM
  • Mar. 13, 2015, 10:30 AM
    • Another strong gain today in the dollar (UUP +0.6%) has pushed the dollar index through 100 for the first time since April 2003.
    • The greenback is up across the board, but particularly strong vs. the euro (FXE -0.9%), pound (FXB -1.1%), loonie (FXC -0.6%), and aussie (FXA -0.8%).
    • Alongside the rallying dollar, oil has erased its February bounce, and at $45.83 is now threatening to take out the bear market lows hit in late January. USO -2.8%
    | Mar. 13, 2015, 10:30 AM | 21 Comments
  • Mar. 11, 2015, 9:46 AM
    • "The Fed is intent on being a blockhead," says Jeff Gundlach, arguing the U.S. central bank is about to make the same mistake the ECB did in 2011 when it hiked interest rates. The ECB found itself quickly reversing course as the higher rates helped precipitate a blow-up in the euro-periphery.
    • "Don't do it," he warns those who are thinking about going contrarian and shorting the dollar (UUP, UDN). Currency trends, he says, tend to go on and on. "The dollar, which has been a world leader, is going to be a world leader."
    • ETFs: AGG, UUP, BND, BOND, UDN, SCHZ, UUPT, FORX, UDNT, LAG, USDU, SAGG, GBF, FBND, IUSB, VBND
    | Mar. 11, 2015, 9:46 AM | 23 Comments
  • Mar. 11, 2015, 4:34 AM
    • The euro fell to a fresh 12-year low on Wednesday, extending a broad decline just days after the ECB launched its €1T bond-buying program, while the dollar index soared to its highest in more than 11 years at 98.95, buoyed by expectations that the Fed could soon lift U.S. interest rates.
    • Nearly all now believe the FOMC will remove the word "patient" from its policy statement after its March 17-18 meeting, opening the door for a rate increase in June.
    • The euro is -0.4% at $1.0652.
    • Euro ETFs: FXE, EUO, ERO, DRR, EUFX, ULE, URR
    • Dollar ETFs: UUP, UDN, UUPT, FORX, UDNT, USDU
    | Mar. 11, 2015, 4:34 AM | 10 Comments
  • Mar. 10, 2015, 8:02 AM
    • The greenback is higher across the board as the Fed goes into the blackout period ahead of the March 17-18 meeting at which nearly all now believe the FOMC will remove the word "patient" from its policy statement, thus putting a rate hike on the table at all future meetings.
    • The dollar is showing the most strength against the euro, aussie (NYSEARCA:FXA), and swissie (NYSEARCA:FXF) - up about 1% vs. all three.
    • Dollar ETFs: UUP, UDN, UUPT, FORX, UDNT, USDU
    | Mar. 10, 2015, 8:02 AM | 3 Comments
  • Mar. 6, 2015, 4:14 PM
    | Mar. 6, 2015, 4:14 PM | 1 Comment
  • Mar. 6, 2015, 8:43 AM
    | Mar. 6, 2015, 8:43 AM | 5 Comments
  • Feb. 26, 2015, 1:51 PM
    • PowerShares (NYSE:IVZ) temporarily suspended creations yesterday while taking over full management of the funds from partner Deutsche Asset & Wealth Management.
    • With creations allowed again, the funds are no longer susceptible to big premiums such as those seen in closed-end funds, writes Chris Dietrich. Still watch closely, at least for today. PowerShares: "It is possible that the market value of the funds’ shares may be affected by the resumption of issuances of shares of the funds, and the market value may be higher or lower than the intraday indicative value of the shares.":
    • The funds: DBC, DBV, DBE, DBO, DBP, DGL, DBS, DBB, DBA, UUP, UDN.
    • Previously: PowerShares temporarily suspends creations on 11 ETFs (Feb. 25)
    | Feb. 26, 2015, 1:51 PM
  • Feb. 26, 2015, 9:00 AM
    • Core CPI gained 0.2% in January, double expectations, even as the oil-influenced headline number tumbled 0.7%.
    • The only thing barely holding back Fed rate increases at this point is too-low inflation, and if core CPI is going to start printing 0.2% on a monthly basis, markets probably ought to start pricing in at least a small series of rate boosts.
    • The dollar bull ETF (NYSEARCA:UUP) is up 0.6% premarket, with the greenback nicely in the green against the euro (NYSEARCA:FXE), yen (NYSEARCA:FXY), loonie (NYSEARCA:FXC), pound (NYSEARCA:FXB), swissie (NYSEARCA:FXF), and aussie (NYSEARCA:FXA).
    • ETFs: UUP, UDN, UUPT, FORX, UDNT, USDU
    • There were also a couple of not-so-hot economic numbers earlier: Durable goods ex-transport fell short of expectations, and jobless claims jumped well past consensus.
    | Feb. 26, 2015, 9:00 AM
  • Feb. 25, 2015, 12:39 PM
    • The move comes as PowerShares (a unit of IVZ) takes over management of the funds from what had been a joint arrangement with Deutsche Asset & Wealth Management.
    • PowerShares: "There may be increases in the spread they quote between offers to buy and sell shares ... In addition, there could be a significant variation between the market price at which shares are traded and the shares’ net asset value ... Invesco believes that any potential impact to the market in shares of the funds will not extend beyond the time of the suspension.”
    • Those affected: DBC, DBV, DBE, DBO, DBP, DGL, DBS, DBB, DBA, UUP, UDN.
    | Feb. 25, 2015, 12:39 PM | 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