Can U.S. Dollar ETFs Continue To Surge In 2015?

Impressive economic growth in the U.S. in the face of overseas weakness has sent the dollar to its highest level in nine years. In the past six months, the dollar has surged about 13% against the euro and about 15% against the yen, aided mainly by the divergence in monetary policies.
 
While the Fed is expected to start raising rates sometime later this year, the ECB is expected to launch its QE sometime soon and the Bank of Japan continues to boost its monetary stimulus. 
 
Concerns about uneven global growth, primarily in Europe and Japan, are leading investors to safer US assets including treasury bonds and the US dollar. I believe that the dollar will continue its uptrend this year as the prospect for a rise in interest rates will pull in more capital flows into the U.S.
 
Investors can consider a couple ETFs to profit from the dollar surge. At the same time, they need to remember that currency ETFs are not “buy and hold” instruments and should be used only for short-term trading or hedging purpose. To learn more about these ETFs, please watch the short video below: (Running length 00:05:01)