More Problems for the Pound ETF
November 17, 2016 at 13:22 PM EST
Down nearly 16% year-to-date, the CurrencyShares British Pound Sterling Trust (NYSEArca: FXB), which tracks the British pound’s movement against the U.S. dollar, is already one of this year’s worst-performing currency exchange traded funds. Unfortunately for sterling bulls and FXB, the...