As U.K. Election Nears, Pound Problems Flare Up Again

Reminding investors that some political risk still looms in Europe, the CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) fell 1.7% last week as another Brexit-related election looms in the U.K. early next month. The United Kingdom general election of 2017 is scheduled to take place on June 8, 2017. FXB’s decline represents one of the…Click to read more at ETFtrends.com.