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Low Volatility and Volume in US Dollar ETF


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#1 Douglas

Douglas

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Posted 19 April 2012 - 02:31 PM

The one month average volume and volatility of the UUP dollar ETF has dropped to a long term low. The 3 month volatility is also at a long term low. Looks like it's building up a head of steam to run. With Spain on the verge, you would think an up move in the dollar is the most likely outcome of a reversion to normal dollar ETF volume and volatility. Of course with Bubble Ben at the FED helm, this could be completely wrong. FED hyper-printing to help the ECB with Spain could be in the cards. Apparently the FEDs are going after Egan-Jones in retaliation for their recent downgrade of the dollar and to scare any other agencies with such thoughts before really cranking up the presses. I guess all one can do is buy/sell the break out.