British Pound ETF Continues Slide After Bearish Data Reports
June 11, 2010 at 13:46 PM EDT
The last few months haven’t been kind to many European currency ETFs, which have seen prices plummet due to ongoing fears over a building sovereign debt crisis. While this wave of anxiety has done the most damage to euro funds–the Rydex CurrencyShares Euro Trust (FXE) is down more than 15% on the year–other service-based countries [...] Original Post Related Stories: Forget About Euro ETFs, British Pound ETFs Are The Real Danger UK ETF Rises, Pound Sinks As Cameron Becomes Prime Minister UK ETFs Slide On GDP Disappointment