Wednesday, January 6, 2010

The ICE Dollar Index


The ICE Dollar Index, which tracks the dollar against a trade-weighted basket of currencies, was at 77.908 from 77.898.
As a result, Deutsche Bank's Power Shares US Dollar Index Bearish (UDN) exchange-traded fund was trading up 0.18% from late Tuesday, while it's Power Shares US Dollar Index Bullish (UUP) was 0.1% lower.
The two exchange-traded funds are based on Deutsche Bank currency futures indexes, whose composition mirrors that of Ice's Dollar Index.

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