US Dollar ETFs: The Top 2 Exchange Traded Funds for Your Dollar Investing List

US Dollar ETFs are in the spotlight as Ben Bernanke is omnipresent and talk of quantitative easing continues. Here are the two major US Dollar exchange traded funds for your watchlist:

Your Cheat Sheet to US Dollar Exchange Traded Funds

1) PowerShares DB US Dollar Index Bullish (NYSE:UUP) : UUP is an exchange-traded fund designed to replicate being long the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. This ETF averages about 3 million shares of daily volume, so the liquidity is excellent. Check out UUP’s interactive chart, fundamentals, Twitter stream, and more >>

2) PowerShares DB US Dollar Index Bearish (NYSE:UDN) : PowerShares DB US Dollar Index Bearish Fund is an exchange-traded fund designed to replicate being short (i.e., betting against) the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. Daily volume is much lower for this ETF (~160,000), so be careful about liquidity. Check out UDN’s interactive chart, fundamentals, Twitter stream, and more >>

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