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News Breaks
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October 9, 2009
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| 08:38 EDT |  | UDN |
| theflyonthewall.com: | PowerShares DB US Dollar Index Down-UDN volatility flat at 13 | | PowerShares DB US Dollar Index Down is a rules-based index composed solely of short USDX® futures contracts. The USDX® futures contract is designed to replicate the performance of being short the US Dollar against the following currencies: Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. UDN closed at $28.25. UDN over all option implied volatility of 13 is below its 26-week average of 14, according to Track Data, suggesting non-directional price movement. :theflyonthewall.com |
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