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Ever considering the fact that the begin of 2017, the greenback has been in an practically steady decline.

 

Correctly, the PowerShares DB U.S. Buck Bullish ETF (NYSE: UUP) has dropped over 12% from its 2017 highs, despite a 2% gain.

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UUP is an trade-traded fund that measures the dollar against six other currencies. When the dollar strengthens relative to the others, the cost of UUP goes up. Ganesha good morning Images 

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Normally, the buck is visible as a nontoxic haven, somewhere for traders to position their money in times of market uncertainty. And considering the fact that now we have visible a market that went straight up over a 15-month interval, there was much less demand for safeguard assets just like the buck.

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