Get early access! Join the Twelve Data AI Assistant waitlist now.
27.61 USD
0.12
0.44%
Last update Oct 6, 3:13 PM EDT
Main market
Day range
27.595
27.64
Previous close
27.49000
Open
27.64
Access this ETF data via API
Subscribe
Invesco DB US Dollar Index Bullish Fund
27.61
0.12
0.44%

Overview

Description

The Invesco DB US Dollar Index Bullish Fund is an exchange-traded fund (ETF) that primarily seeks to track the performance of the U.S. dollar relative to a basket of foreign currencies. This fund is designed to reflect the value of the U.S. dollar compared to six major world currencies, effectively offering investors exposure to the dollar's strength in global markets. The U.S. dollar, serving as a dominant reserve currency, plays a crucial role in international trade and finance. By investing in this fund, participants aim to capitalize on bullish movements in the U.S. dollar index, which measures the dollar's performance against counterparts such as the euro, Japanese yen, and British pound, among others. The Invesco DB US Dollar Index Bullish Fund is integral in foreign currency hedging strategies, offering a means for investors to manage risk associated with currency fluctuations. It holds significance for those looking to hedge against potential downturns in foreign assets when the dollar strengthens due to factors like interest rate changes or economic growth. As such, it finds relevance among investors seeking to diversify their portfolios with currency-focused instruments.

About

Address
Phone
800-983-0903
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Main market

Exchange is currently active.
Closing in 42 minutes

15:17
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).