Pound ETF Retreats as Sterling Slips Toward 31-Year Low
The British pound sterling exchange traded fund retreated to a new low, with the currency declining to its lowest against the U.S. dollar in 31 years, after U.K. Prime Minister Theresa May sets Brexit start date. The CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) fell 0.8% as the pound depreciated 0.9% against the U.S. dollar […]