British sterling

Over the past 12 months, the CurrencyShares British Pound Sterling Trust (Guggenheim CurrencyShares British) (NYSE: FXB) is lower by more than 14 percent, making it one of the worst-performing developed markets currency exchange traded funds over that period. Weak Pound, U.K. Stocks' Statuses The...

Shares of Invesco Ltd. (NYSE: IVZ) have been hit by the Brexit vote due to its exposure to the country. But, the investment management firm's strategy to hedge against falling pound helped it to avoid more losses. On June 23, Britons voted to leave the EU, triggering a sell-off in the pound and...

The Guggenheim CurrencyShares British (NYSE: FXB) is down 10.7 percent over the past month — meaning FXB, which tracks the pound's move against the U.S. dollar, is in a correction. The iShares MSCI United Kingdom ETF (iShares Trust (NYSE: EWU)) is off 7.7 percent over the same period,...

Billionaire George Soros campaigned for Britain to remain part of the European Union ahead of the Brexit vote. He argued that the only winners of a "leave" victory would be speculators and hedge funds able to profit from a drastic and sharp move in the country's currency, the British pound —...

Thursday marks the end of the first quarter of 2016, and it has certainly been eventful. The S&P 500 index is higher by around 1 percent since the start of the new year, while the Dow Jones index is higher by more than 1.50 percent. However, the NASDAQ Composite index is lower by nearly 3...