World Markets Tumble on Dubai Debt, Weak Dollar

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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)

ETFs to Play with the Dollar at 14 Year Low vs. Yen (UDN, UUP, FXY)

U.S. Dollar - Weak Dollar

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.

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