October 26, 2009 at 18:53 PM EDT
Dollar Rally Sinks Commodity ETFs
A sudden snapback in the incredibly shrinking dollar struck down Treasuries and halted the rally in commodities Monday. PowerShares DB US Dollar Index Bullish (UUP) rose 0.62% to 22.57 in more than three times average volume. It had fallen to a 15-month low last week and may be rebounding from a major level of previous support at 22 from July 2008. The ETF tracks the performance of the dollar against a basket of the world's major currencies,
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