Guggenheim CurrencyShares British Pound ETF News

$122.60
+0.413 (+0.338%)
At Close: May 24, 2024
Flash UK composite PMI rises from 30.0 in May to 47.6 in June, highest since February. Manufacturing output ticks up and decline in services activity eases as C

Risk Appetites Satiated For The Moment

09:12am, Wednesday, 24'th Jun 2020
The dollar is coming back firmer today against nearly all the major currencies. Tthe Swiss franc and yen are faring best with small gains. Outside of a handful

GBP/USD: Risk-Reward Still Not Favourable

08:06pm, Tuesday, 23'rd Jun 2020
The GBP/USD seems to have limited upside in the case of a Brexit deal, but significant downside if one is not struck. While the Bank of England has not taken ra

FX Weekly: Uncertainty Vs. Inflation

10:46am, Tuesday, 23'rd Jun 2020
Over $18tr of stimulus, both monetary and fiscal, have been added to the economy in the past 3 months (21% of the world GDP). However, market is extremely 'bear

Weebles Wobble But They Don't Fall Down

07:19am, Tuesday, 23'rd Jun 2020
However, in early Asia activity, Trump adviser Navarro seemed to have told Fox News that the US-China trade deal was over. The dollar is broadly lower, with the

Dollar Begins Week On Back Foot

08:20am, Monday, 22'nd Jun 2020
The MSCI Asia Pacific Index snapped a four-day advance, though India bucked the regional trend and gained 1%. Europe's Dow Jones Stoxx 600 is recovering from an

GBP/CAD To Find Further Downside Pressure

03:46am, Monday, 22'nd Jun 2020
GBP/CAD has been struggling recently, as GBP risks are appearing to outweigh the market's assessment of CAD-specific risks. CAD is exposed to the movements in o

Corrective Forces Still Dominate

07:56am, Sunday, 21'st Jun 2020
After a run-up in risk assets from the middle of May, broad consolidation was the main feature of the capital markets last week. The continued support that cent
Asia-Pacific equities were mixed, though the markets in China, Hong Kong, Taiwan, and India rose. European bourses are down small, and US stocks have turned low

EU-U.K. Brexit Negotiations

07:20am, Thursday, 18'th Jun 2020

GBP/USD: Further Downside Pressure Likely

10:55pm, Wednesday, 17'th Jun 2020
GBP has increasingly gained a reputation in 2020 as a risk-on currency, behaving similarly to the traditional commodity currencies. Yet, most recently, it is we

Correction Phase Does Not Appear Over

08:10am, Wednesday, 17'th Jun 2020
All equity markets in the Asia-Pacific region but Japan edged higher today, including China, India, and South Korea, where political/military tensions are eleva
Invesco CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $118.99 and traded as high
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