U.S. Dollar Plunges Into Negative Territory (UUP, UDN, SPY)

The U.S. dollar has fallen into negative territory within the past twenty minutes of trading as the S&P 500 ETF (NYSE: SPY) has reached intraday highs. Shares are currently trading at $133.96.

The PowerShares DB US Dollar Bullish ETF (NYSE: UUP) sank into the red on high volume after trading up for the entire trading session. It is currently down 0.16% at $21.82.

Its counterpart, the PowerShares DB US Dollar Index Bearish (NYSE: UDN), is currently up 0.18% at $20.11, hovering around its intraday high of $28.12.