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home / news releases / UUP - February 2021: Forex Relative Valuation And Trading Opportunities

UUP - February 2021: Forex Relative Valuation And Trading Opportunities

Invesco DB USD Index Bullish Fund
  • The spread of coronavirus and rising inflation are two of the most important themes impacting the global foreign exchange market right now.
  • Broad economic recovery should begin in the second half of 2021.
  • New Zealand dollar and Australian dollar look "overvalued."
  • Conversely, the Canadian dollar and the Japanese yen are two of the most "undervalued" currencies among the majors.

For further details see:

February 2021: Forex Relative Valuation And Trading Opportunities
Stock Information
Company Name: Invesco DB USD Index Bullish Fund
Stock Symbol: UUP
Market: NYSE
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