NYSEARCA:FXB
Guggenheim CurrencyShares British Pound ETF News
$122.23
+0.362 (+0.297%)
At Close: May 17, 2024
Corrective Forces Maintain Grip
06:56am, Thursday, 03'rd Sep 2020
The US dollar is continuing to recover after hitting new lows earlier in the week. It's lower against all the major currencies and most of the emerging markets.
FX Weekly: Mind The Correlations
12:02pm, Wednesday, 02'nd Sep 2020
Risk-on continues with stocks trading at record highs mainly driven by the momentum in the mega-cap growth stocks; S&P 500 is trading above 3,500.
Corrective Pressures Give The Greenback A Reprieve
08:23am, Wednesday, 02'nd Sep 2020
US equities closed on a high note yesterday, and the S&P 500 is poised to gap higher. In Europe, consumer discretionary, information technology, and materials are posting substantial advances to lift
Dollar Lurches Lower
07:24am, Tuesday, 01'st Sep 2020
The Reserve Bank of Australia kept rates steady at 25 bp as widely expected. The eurozone's August inflation fell.
Month-End Gyrations And The Fed's Ad Hocery
08:03am, Monday, 31'st Aug 2020
Markets are searching for direction at month-end. The dollar is mostly higher, though the Norwegian krone and Canadian dollar are resisting the tug.
A Look At The Price Action
11:26am, Sunday, 30'th Aug 2020
The idea that the Federal Reserve would tolerate higher inflation to compensate for the undershoot would on its face be dollar negative.
Powell And Abe Drive Markets
08:56am, Friday, 28'th Aug 2020
After the Fed's formal adoption of an average inflation target, the US dollar is falling against nearly all the currencies.
After Much Build-Up, Could Powell Be Anti-Climactic?
09:14am, Thursday, 27'th Aug 2020
Powell is the center of attention. The market will be looking for hints (confirmation) that the Fed is preparing to formally adopt an average inflation target.
GBP/JPY Likely Overvalued As Markets Appear Overly Sanguine In Light Of Brexit Risks
08:14pm, Wednesday, 26'th Aug 2020
GBP/JPY has recovered this year, after GBP weakened substantially following the emergence of COVID-19.
Hurricane Laura Lifts Oil Prices
08:27am, Wednesday, 26'th Aug 2020
The MSCI Asia Pacific Index had reached seven-month highs on Tuesday, but Japan, China, and Australian stocks saw modest profit-taking today.
Stocks Extend Gains, While Yesterday's Dollar Recovery Stalls
08:22am, Tuesday, 25'th Aug 2020
The MSCI Asia Pacific Index is near seven-month highs and was led today by more than 1% gains in the Nikkei and Kospi.
GBP/USD Struggles To Break Higher As Brexit Risks Remain, While USD Appears Safer
06:08pm, Monday, 24'th Aug 2020
GBP/USD managed to stage a comeback from late July this year, yet GBP is now struggling to gain further ground above 1.30.
Markets Prove Resilient To Start New Week
07:45am, Monday, 24'th Aug 2020
US shares are firmer, and after setting a new record ahead of the weekend, the S&P 500 is poised to gap higher.
EUR/GBP Could Hit 0.9600, As Euro Comes Into Favor While Brexit Risks Remain
08:46am, Sunday, 23'rd Aug 2020
EUR/USD strength has been notable, but the euro has also been firm against the GBP. Following COVID-19, the EU has introduced new fiscal measures that involve significant joint bond issuance.
PMIs Shake Investor Confidence
07:04am, Friday, 21'st Aug 2020
The second disappointing Fed manufacturing survey report and an unexpected rise in weekly jobless claims helped reverse the disappointment over the FOMC minutes.