Guggenheim CurrencyShares British Pound ETF News

Despite GBP and CAD being considered risky currencies to hold in modern times, GBP/CAD has traded in a relatively tight trading range recently.

The US dollar fell against all the major currencies last week and reached the lowest level against the euro since October 2018.

China is insisting that the US close its Chengdu consulate office. As retaliatory measures for expelling China's consulate office in Houston, this seems like a moderate response.

There is a growing realisation that Brexit will continue to provide years of uncertainty, even if a deal is reached in the interim.

Asia-Pacific equities were mixed. Several large markets in the region, like China, South Korea, and Taiwan markets slipped lower, while Hong Kong, Australia, and India advanced.

The enormous increase in public spending during the coronavirus crisis and the fall in output will lead to a global government debt figure close to 105 percent of GDP.

After days of negotiations, EU leaders eventually agreed on a EUR 1.8 trillion package, which may generate some positive momentum on the euro in the coming months.

The MSCI Asia Pacific and Europe's Dow Jones Stoxx 600 are snapping three-day advances today, and US shares are pointing to a lower open.

Invesco DB US Dollar Index Bullish Fund and its underlying U.S. Dollar Index (DXY) have erased year-to-date gains on continued unwind of safe-haven flows.

Faced with an unprecedented shock of collapsing global demand and commodity prices, capital outflows, major supply chain disruptions and a generalized drop in global trade, many emerging markets and d

Australia and Hong Kong's 2.3-2.5% rally led Asia-Pacific markets. The Dow Jones Stoxx 600 is higher for a third session.

Most markets were lower, and Europe's Dow Jones Stoxx 600 is fractionally firmer, recovering from initial losses.

We are long the Invesco Currency Shares British Pound Sterling Trust ETF (FXB) in anticipation of potential double-digit gains over the next 12 months.

The US dollar was mixed last week. The euro's four-week rally is the longest since early 2018.

Chinese stocks stabilized after yesterday's sharp fall. The dollar is in about a quarter of a yen range above JPY107.10.