Pressure Remains on Pound ETF Post-Brexit
September 15, 2016 at 10:42 AM EDT
Down 10.4% year-to-date, the CurrencyShares British Pound Sterling Trust (NYSEArca: FXB), which tracks the British pound’s movement against the U.S. dollar, is easily one of this year’s worst-performing currency exchange traded funds. Much of FXB’s bearishness is attributable to...