Is the Dollar ETF Rally for Real?
May 13, 2011 at 13:32 PM EDT
Since stocks and commodities seem to take their cues from the U.S. dollar, many traders are trying to determine if the greenback’s rally is simply a technical bounce or a sign that investors are shunning risk. PowerShares DB US Dollar Bullish (NYSEArca: UUP) was rising again Friday as oil and U.S....