FXB - Invesco CurrencyShares British Pound Sterling Trust
| Previous Close | 121.44 |
| Open | 120.92 |
| Bid | 121.08 x 3000 |
| Ask | 121.10 x 2900 |
| Day's Range | 120.90 - 121.31 |
| 52 Week Range | 116.57 - 129.47 |
| Volume | 32,595 |
| Avg. Volume | 46,743 |
| Net Assets | 147.62M |
| NAV | 121.11 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Return | -1.97% |
| Beta (3Y Monthly) | -7.84 |
| Expense Ratio (net) | 0.40% |
| Inception Date | 2006-06-21 |
- Market Exclusive
Market Morning: Brexit At Crossroads, China Threaten Hong Kong, Argentina Collapses, Dorian Dallies
Will Brexit Happen? We Could Know By the End of the Day Political developments out of the United Kingdom are frothing out faster than radiation out of a quasar as Brexit news reaches a fever pitch with everything happening all at once now. Parliament is back in session today and it will try to force […]The post Market Morning: Brexit At Crossroads, China Threaten Hong Kong, Argentina Collapses, Dorian Dallies appeared first on Market Exclusive.
- Zacks
ETFs in Focus as a No-Deal Brexit May be in the Cards
We may see a no-deal Brexit in October. What impact could it have on the UK and pound ETF?
- Zacks
August ETF Events That Grab Headlines
August witnesses fluctuations in the US-China trade tensions, a gold surge, still-decent U.S. economic data points and maximum chances of a no-deal Brexit. These factors bring a few ETFs in focus.
- ETF Trends
Promising Brexit Talks Help Bolster British Pound Sterling ETFs
As the Brexit turmoil intensifies, the British pound sterling currency and related exchange traded funds could make an unexpected rally. The pound was trading around $1.2285 on Tuesday, or a little above its August lows, but it was still down about 17% against the U.S. dollar since the Brexit referendum of June 2016, the Wall Street Journal reports. The recent rebound in the GBP has forced some to exit short positions on the currency or even go long in anticipation of a rally.
- ETF Trends
British Pound ETF Surges After Macron Says Brexit Deal Can Be Adjusted
The British pound sterling-relate ETF fund climbed Thursday after French President Emmanuel Macron said the United Kingdom can leave the European Union with a deal. The Invesco CurrencyShares British Pound Sterling Trust (FXB) rose 1.1% on Thursday while the pound strengthened 1.1% to $1.226. Macron stated that the Withdrawal Agreement could be changed to allow the U.K. to leave the E.U. with a deal in place, PoundSterlingLive reports.
- Zacks
Brexit Delayed: ETFs & Stocks to Gain
Brexit deadline has been pushed back to Oct 31, likely benefiting these ETFs and stocks.
- Zacks
Top ETF Stories of March
Despite recessionary fears, the month of March went well for Wall Street.
ETF DatabaseETF Scorecard: March 22 Edition
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
ETF DatabaseETF Scorecard: March 15 Edition
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
- Market Exclusive
Market Morning: Cannabis Legalization Progress, Brexit Burn, MMT Mocked, Boeing Grounded
New Jersey To Become 11th State To Legalize Recreational Marijuana? Israel, Too Lots of movement on the cannabis legalization front today, both in the United States and abroad. In New Jersey, Governor Phil Murphy has reached an agreement with Democratic legislators to legalize recreational marijuana in the state. Murphy is a Democrat and friend of […]The post Market Morning: Cannabis Legalization Progress, Brexit Burn, MMT Mocked, Boeing Grounded appeared first on Market Exclusive.
- ETF Trends
FXB ETF Pounded as Brexit Still Faces Legal Risk
The Invesco CurrencyShares British Pound Sterling Trust (FXB) continues to face downward pressure as legal risk remains for British Prime Minister Theresa May's most recent amendments to the proposed Brexit deal. FXB seeks to reflect the price in USD of the British Pound Sterling to provide access for institutional and retail investors to the investment benefits of the currency. On Monday, May obtained legally binding Brexit assurances from the European Union in order to persuade reticent British lawmakers who are threatening to vote against the Brexit deal once again.
ETF DatabaseETF Scorecard: March 1 Edition
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
- ETF Database
Trending: Palladium Shoots up on Supply Shortages and Strike Fears
Palladium prices skyrocketed to new record levels as strike jitters in South Africa added to a tense market engulfed by a sustained supply deficit.
- Zacks
Brexit Delay in the Cards? Europe ETFs to Rally
Major disagreement within the main British parties may cause a delay in Brexit. If that happens, British stocks are sure to soar.
- TheStreet.com
Why the British Pound Is Set for a Big Move
The British pound looks set to break out soon. The reason for the range-bound trading is that investors aren't sure whether the United Kingdom will cut a trade deal with the European Union when it leaves the bloc on March 29, the scheduled date. "A hard Brexit could mean 10% down for sterling," said Ugo Lancioni, head of currency management at Neuberger Berman in London.
- ETF Database
ETF Scorecard: February 22 Edition
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
- ETF Database
ETF Scorecard: January 25 Edition
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
- Investopedia
The Economic Consequences of a No-Deal Brexit
If Britain leaves the EU without a deal, its economy could fall apart, paving the way for a global economic slowdown.
- Investopedia
Hard, Soft, On Hold or No Deal: Brexit Outcomes Explained
With the March 29 deadline quickly approaching, time is running out to prevent a "no deal" Brexit.
- ETF Trends
British Pound ETFs Strengthen as Brexit Negotiations Drag On
As the Brexit negotiations drag, the British pound sterling and currency-related ETFs have been rebounding on hopes of extending talks or a second referendum on the United Kingdom's breakup from the European Union, along with a lower chance of a so-called hard Brexit. Over the past month, the Invesco CurrencyShares British Pound Sterling Trust (FXB) increased 1.9% and VelocityShares Daily 4X Long GBP vs. USD (UGBP) jumped 6.7% as the British pound appreciated to $1.2959. The sterling continued to strengthen this week after Prime Minister Theresa May revealed “Plan B” for leaving the E.U., a week after British lawmakers rejected her withdrawal deal by a historic margin, the Wall Street Journal reports.
- ETF Database
ETF Scorecard: January 18 Edition
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
- Investopedia
3 United Kingdom ETFs to Watch After Failed Brexit Deal
What will be the fallout from Britain's failed Brexit deal? Explore these three ETPs that provide investment exposure to the United Kingdom.
