Piling on the Pound ETF as Post-Brexit Slump Continues
August 02, 2016 at 10:47 AM EDT
These are not good days for the CurrencyShares British Pound Sterling Trust (NYSEArca: FXB), which tracks the British pound’s movement against the U.S. dollar. Down more than 10% year-to-date, FXB is easily one of this year’s worst-performing currency exchange traded funds and its post-Brexit slump...