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UDN  PowerShares DB US Dollar Index Bearish Fund
 
PowerShares DB US Dollar Index Bearish Fund is designed to replicate being short the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.

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Seeking Alpha News
2/8/2010
Frank Holmes submits:

The U.S. dollar was up last week against the euro out of fear of how debt problems in Greece and elsewhere in Europe will be resolved, and as a result gold had a tough week.

The dollar’s rally appears to be a short-term safe haven move, rather than a response to improving economic conditions in the U.S.


Complete Story »
2/8/2010
Ira Stoll submits:

"For all the concern over the $1.6 trillion U.S. budget deficit and record debt load, the dollar is as valuable now as 35 years ago," Bloomberg News asserts.

This is just silly.


Complete Story »
2/8/2010
optionMONSTER submits:

By Bryan McCormick

U.S. stock index futures are down this morning after a weak session in Asian markets, where Japan's Nikkei broke below 10,000. In the Eurozone, stocks briefly bounced at the open before heading lower.


Complete Story »
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