As Bank of England Mulls Rate Cuts, More Pound Punishment Likely
July 01, 2016 at 10:39 AM EDT
The CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) is perhaps the most obvious victim of last week’s Brexit decision and that is reflected in the pound exchange traded fund’s loss of nearly 5% over the past week. Many currency market observers are forecasting more pain for...