British Pound ETF Falls After U.K. Inflation Data, Retail Sales
April 12, 2011 at 07:57 AM EDT
CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) was poised for a lower open in the U.S. on Tuesday after data showed U.K. inflation slowed in March, surprising markets. Also Tuesday, U.K. retailers saw sales plunge in March, according to a report. The U.K. pound slid to the weakest...