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Guggenheim CurrencyShares British Pound ETF News

$122.23
+0.362 (+0.297%)
At Close: May 17, 2024
The Hang Seng fell 2%, and most other markets in the region were off less than 1%. Europe's Dow Jones Stoxx 600 was off around 0.75%.
Most equity markets in Asia advanced, with the exception of China and Taiwan. European shares are pushing higher, and the Dow Jones Stoxx 600 is up almost 1% in late morning turnover in Europe.

Turn Around Tuesday Began Yesterday

06:33am, Tuesday, 14'th Jul 2020
Key reversal in the high-flying NASDAQ. The dollar is mixed.
The Swedish krona, Australian dollar, Canadian dollar, and euro are firmer, while the Norwegian krone, Japanese yen, and New Zealand dollar are nursing small losses.
A surge in virus cases and record fatalities in several US states dampened the animal spirits at the end of last week.

Brexit In The Coronavirus Era

05:30am, Sunday, 05'th Jul 2020
A mutually beneficial Brexit deal has so far been beyond the reach of UK and European Union negotiators. Now that COVID-19 has struck, can they avoid a damaging

Dollar Thumped Ahead Of U.S. Jobs Report

07:30am, Thursday, 02'nd Jul 2020
The Australian dollar is firm in the upper end of yesterday's range. It is trading through a downtrend line drawn off the June 10 high. The eurozone wholesale d

FX Weekly: Limited Gains

10:25am, Wednesday, 01'st Jul 2020
The US is currently facing multiple risks that could eventually be reflected in asset prices, especially equities. We are very cautious at the moment and strong
Japan's Tankan showed a marked deterioration in sentiment in Q2 that was worse than expected. China's Caixin manufacturing PMI rose to 51.2 from 50.7 in May. Th

When Primary Is Secondary

09:10am, Tuesday, 30'th Jun 2020
China's PMI was stronger than expected, but many observers are not convinced a robust recovery is underway. The dollar is trading in the upper end of yesterday'

USD Is Offered In Quiet Start To The New Week

07:10am, Monday, 29'th Jun 2020
The dollar is softer against most major currencies but sterling. Emerging market currencies are mixed. Eastern and Central European currencies are faring the be
Our reading of technical indicators suggests that consolidative/corrective phase is nearly over, with one more push likely ahead, which could be the most impuls
GBP has recently been compared to emerging market currencies due to its increased volatility. However, while spot prices for GBP FX crosses have been relatively
Asia-Pacific markets followed the US lead and traded higher. Indices in Japan, South Korea, and Australia gained more than 1%. Europe's Dow Jones Stoxx 600 is u
Japan reported its All-Industries Activity Index plummeted 6.4% in April after a revised 3.4% decline in March (initially -3.8%). The euro peaked Tuesday near $
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