British Currency ETF Drops as Pound Sterling Hits 3-Year Low
February 22, 2013 at 10:45 AM EST
With the British economy teetering on another recession, market observers are anticipating new stimulus measures from the Bank of England, driving the British pound currency, along with a related exchange traded fund, to a three-year low. The CurrencyShares British Pound Sterling Trust (NYSEArca:...