More Pound Problems for This Currency ETF

Markets ETF Trends

The CurrencyShares British Pound Sterling Trust (NYSEArca: FXB), which tracks the British pound’s movement against the U.S. dollar, was one of last year’s worst-performing currency exchange traded funds. Just a few trading sessions into 2017, the pound and FXB are already showing signs of extending last year’s bearishness. Pound weakness is, however, lifting sterling hedged…Click to read more at ETFtrends.com.

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