Invesco CurrencyShares British Pound Sterling Trust logo

Invesco CurrencyShares British Pound Sterling Trust (FXB)

Market Closed
20 Jun, 15:49
ARCA ARCA
$
129. 53
+0.56
+0.43%
$
83.78M Market Cap
1.37% Div Yield
107 Volume
$ 128.97
Previous Close
Day Range
129.53 129.72
Year Range
116.74 130.94
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FXB: Elections Have Consequences

FXB: Elections Have Consequences

The U.K. Labour Party won a landslide victory over the Tories, causing the British pound to rally against the U.S. dollar. The rising popularity of Reform U.K. shows increasing political divisions in the U.K., impacting the outcome of the election. U.S. election uncertainty contrasts with U.K. political stability, affecting currency markets and potentially favoring an upside recovery for the pound.

Seekingalpha | 11 months ago