UUP

Stocks have made their way to strong gains on the back of a broad-based buying effort, thanks to a strong dollar which means go PowerShares DB US Dollar Index Bullish (NYSE:UUP) 

It may be time for you Dollar Bears, PowerShares DB US Dollar Index Bearish (NYSE:UDN), to give up and make way for the Dollar Bulls, PowerShares DB US Dollar Index Bullish (NYSE:UUP). 

Today's decline couldn't be more relative to the story we published yesterday - ETFs to Play with the Dollar at 14 Year Low vs. Yen (UDN, UUP, FXY)

Its no secret, the disappearing Dollar is now at its greatest weakness to the Yen which is at a 14-year high when compared to the greenback.  If you believe the trend will continue then buy the PowerShares DB US Dollar Index Bearish (NYSE:UDN) and the CurrencyShares Japanese Yen Trust (NYSE:FXY). However, if the American dollar can stage a comeback your weapon of choice is the PowerShares DB US Dollar Index Bullish (NYSE:UUP) which hit a new 52-week low on Friday of $22.02 a share.

The U.S. Dollar is finally trading to the upside after hitting a 15 month low, as we've told our readers before the way to play the dollar momentum is using the PowerShares DB US Dollar Index Bearish (NYSE:UDN) and the PowerShares DB US Dollar Index Bullish (NYSE:UUP).

Everyone has an opinion on the value of the U.S. Dollar and where its headed.  Right off the bat you can buy two ETFs that trade on the bullish and bearish movements of the dollar, those options are the PowerShares DB US Dollar Index Bearish (NYSE:UDN) and the PowerShares DB US Dollar Index Bullish (NYSE:UUP).

Pro Dollar, play the PowerShares DB US Dollar Index Bullish (NYSE:UUP), or bet against using the PowerShares DB US Dollar Index Bearish (NYSE:UDN), see the following video from Bloomberg.

The PowerShares DB US Dollar Index Bullish (NYSE:UUP) hit yet another 52-week low today of $22.34 before recovering to $22.46 and Havard professor Niall Ferguson says the dollar is dying a slow death.