Sterling ETF Strengthens as Traders Most Bullish Since 2011
April 28, 2014 at 16:32 PM EDT
The British pound sterling exchange traded fund has been steadily rising as traders pushed up bets this month, with hedge funds and other large speculators at their most bullish on the currency since 2011. The CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) rose 1.6% over the past month...