Interest rates will go down, it's only a matter of time, and this could negatively impact UUP. The increasing probability of Trump's election could slowly undermine the value of the dollar. Even if U.S. stock markets do not crash, the dollar could still be at risk.
Launched on 02/20/2007, the Invesco DB US Dollar Index Bullish ETF (UUP) is a smart beta exchange traded fund offering broad exposure to the Currency ETFs category of the market.
The U.S. dollar index measures the dollar against a basket of reserve currencies, reflecting interest rate differentials. The trend towards de-dollarization due to geopolitical tensions may diminish the dollar's role as the world's reserve currency. The Invesco DB US Dollar Index Bullish Fund ETF product tracks the dollar index, influenced by interest rate differentials and economic fundamentals.