Patient Fed Could be Boon for the Sterling ETF
October 05, 2015 at 07:30 AM EDT
The CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) is off 2.7% year-to-date, but sterling’s struggles could soon evaporate as the Federal Reserve waits on raising interest rates and currency traders continue pointing to the Bank of England as likely to boost borrowing costs. The...