--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/43043308.md" description: "I also hold $Invesco DB US Dollar Index Bullish Fund(UUP.US) and $ProShares UltraShort 7-10 Year Treasury ETF(PST.US) as hedges. Based on this article, my judgment is as follows:This FOMC + PCE is truly hard to predict. My personal view is 'no change', because if there were a real bet on rate hikes, the volatility of $SPDR Gold Shares(GLD.US) or the short-term options on GLD wouldn't be narrow, or IV would be very high. Additionally, $United States Oil Fund LP(USO.US) is indeed rising, but the article clearly states that the US dollar has decoupled from oil trends, which is understandable.However, I reduced my position in the US dollar index this time. I agree with the article's viewpoint: if it really stays at 'no change', the trend will likely decline.If rates are raised, PST will bring me hedging gains." datetime: "2026-07-29T15:28:01.000Z" locales: - [en](https://longbridge.com/en/topics/43043308.md) - [zh-CN](https://longbridge.com/zh-CN/topics/43043308.md) - [zh-HK](https://longbridge.com/zh-HK/topics/43043308.md) author: "[新用戶_dLcvRX](https://longbridge.com/en/profiles/22978229.md)" --- # I also hold $Invesco DB US Dollar Index Bullish Fu… ### Related Stocks - [UUP.US](https://longbridge.com/en/quote/UUP.US.md) - [PST.US](https://longbridge.com/en/quote/PST.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) ## Comments (2) - **新用戶_dLcvRX · 2026-07-29T15:41:08.000Z**: It's really hard to say. A UBS analyst just mentioned raising interest rates and suggested holding a long position in the US dollar. - **新用戶_dLcvRX · 2026-07-29T15:29:55.000Z**: Moreover, the swap market also has no change in expectations for Fed rate hikes, only recording a 30% expectation for a 25bp hike. Currently, the betting odds on Polymarket are at 27%, which is still below 30%. Indirectly, this suggests that most people holding real money are willing to bet on no ch