British Pound ETF Climbs on Progress in Brexit Negotiations
August 29, 2018 at 14:19 PM EDT
The British pound jumped against the U.S. dollar Wednesday after an European Union official revealed progress has been made in the ongoing Brexit negotiations. On Wednesday, the CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) increased 1.0% and VelocityShares Daily 4X Long GBP vs. USD...