Notable ETF Movers of the Day 01/20: (UUP) (SMH) Higher; (USO) (EWJ) Lower

• PowerShares DB US Dollar Index Bullish (NYSE: UUP) up 0.18 percent to $22.39. The U.S. dollar is up on the session versus the euro and several other currencies. In particular, traders are keeping an eye on Greece as talks commence to resolve some debt issues. Due to the uncertainty of the outcome, many have shifted their position to the U.S. dollar for the time being, with the euro being more volatile.
  
  
• Market Vectors Semiconductor ETF (NYSE: SMH) up 0.21 percent to $33.50. The ETF is being lifted by Intel (Nasdaq: INTC) today, which is up 1.6 percent on overall pressure in the sector following fourth-quarter numbers. Intel issued a beat on both the top- and bottom-lines late-Thursday, causing renewed confidence in the tech giant. For more color on the results, click here.

• United States Oil (NYSE: USO) down 2.38 percent to $37.77. Crude futures lower as discussions commence in Greece on possible debt resolution, but traders are still concerned that a deal won't fix many issues left in Europe. Accordingly, March crude contracts are down $2.16 to $98.38 per barrel on the Comex.
  
  
• iShares MSCI Japan Index (NYSE: EWJ) down 0.80 percent to $9.40. Japan shares rising on reaction to initial jobless claims and lower European borrowing costs. The Nikkei ended up 1.47 percent Friday.

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