FXB - Invesco CcyShrs British Pound Stlg

NYSEArca - Nasdaq Real Time Price. Currency in USD

127.96

+0.41 (+0.32%)

At close: 3:59PM EDT

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Previous Close	127.55
Open	128.23
Bid	0.00 x 1000
Ask	0.00 x 1000
Day's Range	127.77 - 128.24
52 Week Range	122.88 - 139.24
Volume	26,586
Avg. Volume	45,893

Net Assets	145.49M
NAV	126.51
PE Ratio (TTM)	N/A
Yield	0.00%
YTD Return	-3.64%
Beta (3Y Monthly)	-19.42
Expense Ratio (net)	0.40%
Inception Date	2006-06-21

Trade prices are not sourced from all markets

Investopedia27 days ago
Top 3 British Pound ETFs
Depending on who you ask, you might hear that Britain is headed for technical recession with the pound sinking even more in value relative to the dollar – or that the country is poised for economic growth following Brexit.
Zackslast month
Is the Strengthening of British Pound Temporary? ETF in Focus
Signs of no deal-Brexit loom ahead as Brexit Negotiations progress leads to rise of FXB.
ETF Trends2 months ago
British Pound ETF Climbs on Progress in Brexit Negotiations
The British pound jumped against the U.S. dollar Wednesday after an European Union official revealed progress has been made in the ongoing Brexit negotiations. On Wednesday, the CurrencyShares British Pound Sterling Trust (FXB) increased 1.0% and VelocityShares Daily 4X Long GBP vs. USD (UGBP) surged 3.8% as the British pound appreciated 1.0% to $1.3. Michel Barnier, the EU's chief Brexit negotiator, stated Europe is prepared to offer an unprecedented partnership to the U.K., CNBC reports.
InvestorPlace2 months ago
Trade of the Day: Guggenheim CurrencyShares British Pound (FXB)
To receive further updates on this Guggenheim CurrencyShares British Pound (NYSEARCA:FXB) trade as well as an alert when it’s time to take profits, sign up for a risk-free trial of SlingShot Trader today. The British pound (GBP) has not performed well in 2018, so neither has the Guggenheim CurrencyShares British Pound (NYSEARCA:FXB) — when the GBP gets stronger, FXB moves higher, and when the GBP gets weaker, FXB moves lower.
Investopedia2 months ago
Top 3 British Pound ETFs
Depending on who you ask, you might hear that Britain is headed for technical recession with the pound sinking even more in value relative to the dollar – or that the country is poised for economic growth following Brexit.
Market Exclusive3 months ago
Market Morning: Trump Picks Judge, Judge Blocks Trump, China Shoots, Brent Booms, Hard Brexit Looms?
Politics: Trump Picks Judge, Other Judge Blocks Trump on Imprisoning Immigrant Children For Extended Periods United States President Donald Trump has picked his nominee for the Supreme Court, and his name is Brett Kavanaugh, a Washington D.C. district court judge. According to the Washington Post, Kavanaugh’s most recognizable positioning on issues is for strong executive […] The post Market Morning: Trump Picks Judge, Judge Blocks Trump, China Shoots, Brent Booms, Hard Brexit Looms? appeared first on Market Exclusive.
ETF Trends3 months ago
U.K. ETFs Up Despite Resignations of Key Brexit Officials
Britain's national soccer team is finding their groove with their entry into the semifinals of the World Cup, but the state of their government paints a paradoxical picture as key members leading Britain's efforts to cut ties with the European Union resigned on Monday. Exits by top diplomats like Brexit Secretary David Davis and British Foreign Secretary Boris Johnson made headlines, putting British Prime Minister Theresa May's leadership in question with key political figureheads like Jeremy Corbyn responding with indignation. David Davis resigning at such a crucial time shows @Theresa_May has no authority left and is incapable of delivering Brexit.
Market Realist4 months ago
Why the US Dollar Fell amid Trade War Jitters
The US Dollar Index (UUP) posted four consecutive daily declines in the previous week as trade tensions escalated between the US and its trading partners. The interesting thing, however, was that the decline in the US dollar was because of the declining bond yields rather than appreciation of other currencies. The increased positive correlation between the US dollar and the US bond yields was the key driver in the US dollar rally in recent weeks.
Investopedia4 months ago
Brexit Has Slowed UK Growth 2.1% So Far: New Study
As a result of Brexit, the U.K. economy is now 2.1% smaller as of the first quarter of 2018 than it would have been if it stayed in the EU two years ago, according to the report. The major drag on U.K. growth has been a big drop off in tax revenues, slashing them by 23 billion pounds per year.
Market Realist4 months ago
Will the Bank of England Push the Pound Lower?
The British pound (FXB) depreciated 0.95% against the US dollar (UUP) for the week ending June 15 and closed at 1.33. The pound took a backseat as the US and European central bank policy meetings dominated the forex space last week. British equity markets (BWX) posted the fourth consecutive weekly loss in the last 12 weeks, which reflected the global risk-off sentiment.
Market Realist4 months ago
US Dollar Is Dominating the Forex Markets
The US Dollar Index (UUP) managed a sharp recovery last week. The appreciation seemed to be due to tariff announcements instead of the Fed’s hawkish tone after the May FOMC meeting. The only interpretation of the rise in the US dollar would be that investors were seeing trade tensions as a temporary setback to global trade, which could result in a better deal for the US. The US Dollar Index closed for the week ending June 15 at 94.78 and appreciated 1.3%.
Market Realist5 months ago
What’s Driving the British Pound Lower against the US Dollar?
The British pound (FXB) depreciated against the US dollar (UUP) for the fifth week in the last six weeks as Brexit-related developments and a strengthening US dollar drove it lower. A series of weak economic data coupled with a dovish Bank of England (or BOE) have been causing the pound to slide compared to the US dollar. The economic data reported last week indicated that inflation had grown more slowly than expected, decreasing the possibility of a rate hike from the BOE.
Market Realist5 months ago
What’s Driving the US Dollar Higher?
The US Dollar Index (UUP) continued to appreciate but did so slowly in the week that ended on May 25. Rising political uncertainty in Europe, seesawing trade negotiations between the United States and China, and the diplomatic tussle between the United States and North Korea had an impact on currency markets in the week.
Market Realist5 months ago
Can the US Dollar Continue to Surge Higher?
Last week, the US dollar (UUP) index bounced back from a minor pullback in the week ended May 11. Both are positive for the US dollar. According to the latest Commitment of Traders report released on May 18 by the Chicago Futures Trading Commission, large speculators and traders have trimmed their short positions on the US dollar index.
Zacks5 months ago
Will Royal Wedding Truly Boost UK Economy in Q2? ETFs in Focus
While the royal wedding is expected to boost retail spending in Q2 in the U.K., a drop in other economic activities are likely. This puts these U.K. ETFs in focus.
Market Realist5 months ago
Could It Be Time to Sell the British Pound?
The British pound (FXB) was unchanged against the US dollar (UUP) last week despite the dollar’s rally stalling, possibly due to the BOE’s (Bank of England) move to leave policy rates unchanged. British equity markets (BWX) are enjoying the pound’s weakness and have managed a seventh consecutive positive week, aided by continued positive momentum across global markets. According to the Commodity Futures Trading Commission’s May 11 commitment of traders report, speculators decreased their overall bullish positions on British pound (GBB) by 17,384 contracts last week, to 8,988 contracts from 26,372—the lowest level in two months.
Market Realist5 months ago
What Drove the US Dollar Lower Last Week
The US dollar index (UUP) took a breather last week, closing at 92.44, 0.03% higher than its close of 92.41 in the week ended May 4. The US dollar’s three-week rally was interrupted by the weak inflation report published last week, which was preceded by a weak jobs report on May 4. This US dollar slowdown could only be a speed breaker as the Fed remains the only central bank expected to tighten policies in the near term. The recently rejuvenated dollar-bond market correlation could continue supporting the dollar against major developed, developing, and emerging market currencies.
Market Realist5 months ago
Could the Bank of England Postpone Hiking Rates?
The British pound (FXB) depreciated 1.8% against the US dollar (UUP) in April, and has depreciated 1.9% so far in May. Weak economic data, dovish statements from the BOE (Bank of England), and a strong US dollar contributed to the slide of the British pound (GBB). Manufacturing and service data published last week was below expectations, leading to a further decline in the pound. A May rate hike, which was largely accepted by markets until the recent turn of events, now seems less probable.
Market Realist5 months ago
Dollar Bears Under Pressure as Short Squeeze Continues
In April, the US dollar index posted one of its best monthly gains (2.0%) since November 2016, and it looks set to continue with the trend this month. The main reason for this appreciation has been a higher positive correlation between the US dollar and bond yields. Rising bond yields increase the US-international bond spread, which increases preference for US bonds as they have better ratings.
Market Realist6 months ago
Will the British Pound Stop Its Downward Slide?
The British pound (FXB) depreciated by 1.66% against the US Dollar (UUP) for the week ending April 27. The pound (GBB) closed last week at 1.3780, compared to a close of 1.4004 for the week ending April 20. This is the second consecutive weekly loss for the British pound, as traders continued to react to the dovish statement from the Bank of England two weeks ago and last week’s softer GDP data accelerated the pound’s decline.
Market Realist6 months ago
Data and Carney Pushed the Pound-US Dollar Lower Last Week
The British pound (FXB) depreciated 1.7% against the US Dollar (UUP) for the week ending April 20. The pound (GBB) closed the week ending April 20 at 1.40—compared to a close of 1.42 for the week ending April 13. Softer-than-expected retail sales, wage growth, and consumer prices dented investors’ confidence. Bank of England Governor Mark Carney gave a hint that the interest rates don’t need to be increased in May. Carney’s comments, weak data, and the strong US dollar led to the pound’s sharp depreciation the previous week.
Market Realist6 months ago
Will US Dollar Bulls Continue to Dominate This Week?
The US dollar (UUP) gained some lost ground last week due to reduced risk aversion, rising bond yields, weak economic data from global peers, and higher commodity prices. The US dollar rallied after bond yields started to rise and the ten-year yield broke past the February 2018 high. Economic data from the US included an acceptable level of retail sales and an optimistic Federal Beige Book. The US Dollar Index closed above 90.0 for the first time in five weeks and posted a weekly gain of 0.65%.
Market Realist6 months ago
Why the British Pound Has Continued to Rally
The British pound (FXB) appreciated by 1.1% against the US dollar (UUP) in the week ended April 13. The rise of the British pound despite soft economic data was because of hawkish comments from the Bank of England, which is expected to increase interest rates soon. While British equity markets (BWX) were impacted by increased trade war concerns, indexes managed to close in positive territory for a third consecutive week.
Market Realist6 months ago
US Dollar Falls after Trump Comments on April 16
The US dollar (UUP) came under pressure after Donald Trump, in a tweet, accused Russia and China “playing the Currency Devaluation game as the U.S. keeps raising interest rates. Not acceptable!” Trump’s complaint has been interpreted as an attempt to escalate tensions to achieve favorable trade negotiation terms. According to the latest Commitment of Traders report, released on April 13 by the Commodity Futures Trading Commission, large speculators and traders have increased their short positions on the US dollar for a third consecutive week. This amount is a combination of the US dollar’s contracts against the combined contracts of the euro (FXE), British pound (FXB), Japanese yen (FXY), Australian dollar (FXA), Canadian dollar (FXC), and Swiss franc.