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UUP

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    551.3$
  • Previous Close
    551.3$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

UUP.MX refers to the Invesco DB US Dollar Index Bullish Fund, traded on the Mexican Stock Exchange (Bolsa Mexicana de Valores). This ETF is designed to track the performance of the Deutsche Bank Long USD Currency Portfolio Index, which in turn reflects the changes in value of the U.S. dollar relative to a basket of six major world currencies: the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona, and Swiss Franc. Consequently, UUP.MX seeks to provide investors with a way to gain exposure to the U.S. dollar's movement against these currencies without directly purchasing them.
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Factors

Dollar Strength: UUP.MX's price primarily reflects the US dollar's value against a basket of major currencies. A stronger dollar typically increases the ETF's price.

Interest Rate Differentials: Interest rate changes in the US compared to other major economies can influence currency flows and thus the dollar's value and the ETF's price.

Economic Data: Key US economic indicators, such as GDP growth, inflation, and employment figures, can impact investor sentiment and dollar demand, affecting the ETF.

Geopolitical Events: Global events and political instability can trigger shifts in currency valuations, influencing the US dollar's value and subsequently the price of UUP.MX.

Federal Reserve Policy: Actions and announcements by the US Federal Reserve, particularly regarding monetary policy and interest rate adjustments, can significantly move the dollar and UUP.MX.

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