British Pound ETF Hits New Low as ‘Flash Crash’ Rattles GBP

The British pound exchange traded fund dipped to a new low Friday after the sterling plunged earlier in the day on what some traders are calling a “flash crash” that pushed the currency to a 31-year low. The CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) fell 1.3% on...