U.S. Dollar’s Strength Fades, Taking ETF With It

At the height of the European debt crisis, the U.S. dollar enjoyed safe-haven status. But in the last six months, the PowerShares DB U.S. Dollar Bullish (NYSEArca: UUP) exchange traded fund (ETF) has last nearly 8%. The U.S. Dollar Index, a benchmark that tracks the performance of the dollar versus...