U.S. Dollar ETFs Strengthen on Fed Outlook, Global Weakness
August 22, 2022 at 15:22 PM EDT
The U.S. dollar and currency-related exchange traded funds strengthened on Monday as fears of a global slowdown and speculation of interest rate hikes helped bolster the case for the greenback. On Monday, the Invesco DB US Dollar Bullish (UUP) was up 0.9% and the WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU) increased 0.6%. UUP tracks [...] The post U.S. Dollar ETFs Strengthen on Fed Outlook, Global Weakness appeared first on ETF Trends .