Pound Tumbles, But U.K. ETFs Rise
October 06, 2016 at 11:00 AM EDT
The CurrencyShares British Pound Sterling Trust (NYSEArca: FXB), which tracks the British pound’s movement against the U.S. dollar, is easily one of this year’s worst-performing currency exchange traded funds and that situation is getting worse, not better, as sterling labors near its lowest levels...