Pound Sterling ETF Strengthens After BoE’s Consecutive Rate Hikes

by admin | 02/03/2022, 14:52

The British pound sterling currency-related exchange traded fund strengthened after the Bank of England announced a back-to-back interest rate hike for the first time since 2004. The currency-focused Invesco Currency Shares British Pound Sterling (NYSEArca: FXB) rose 0.3% on Thursday. Meanwhile, the iShares MSCI United Kingdom ETF (NYSEArca: EWU) dipped 1.0% on Thursday. As the global […] Read more at ETFtrends.com.

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