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FXB News and Press, Invesco CurrencyShares British Pound Sterling Trust From 06/20/24

Stock Information

Company Name: Invesco CurrencyShares British Pound Sterling Trust
Stock Symbol: FXB
Market: NYSE

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FXB - SNB Surprises The Market (Again)

2024-06-20 07:25:00 ET Summary The Swiss National Bank surprised many with its second consecutive rate cut. Norway's central bank left policy on hold and warned that if the economy performs as expected, it does not anticipate a rate cut until next year. The US dollar is tradin...

FXB - Bank of England keeps rates steady as expected

2024-06-20 07:02:20 ET The Bank of England held its benchmark interest rate at 5.25% Thursday. Story developing ... ... Read the full article on Seeking Alpha For further details see: Bank of England keeps rates steady as expected

FXB - European markets in green ahead of BOE interest rate decision

2024-06-20 04:26:29 ET More on Europe Weekly Bund Yield And FX Forecast, June 14, 2024: End Of Negative Bund Spreads By December Is 36% Probability European markets marginally lower after UK inflation meets target Read the full article on Seeking Alpha For fu...

FXB - Greenback Catches A Bid

2024-06-18 07:10:00 ET Summary The dollar has caught a bid ahead of the US retail sales and industrial production figures. A hawkish hold by the Reserve Bank of Australia has not done much for the Australian dollar, which is little changed on the day. Benchmark 10-year yields ...

FXB - European stocks rebound in positive trend, focus on inflation data

2024-06-18 05:05:39 ET London ( UKX ) +0.3% Germany ( DAX:IND ) +0.2% France ( CAC:IND ) +0.1% The pan-European Stoxx 600 ( STOXX ) edged higher 0.2% on Tuesday following a large U.S. tech driven gain in Wall Street, while markets look ahead to th...

FXB - European markets recover from last week's loss

2024-06-17 04:30:13 ET London ( UKX ) +0.1% Germany ( DAX:IND ) +0.3% France ( CAC:IND ) +0.4% Spain's trade deficit widens to €4.7B in April. The inflation rate in Italy remained unchanged at 0.8% in May. The pan-Europ...

FXB - Week Ahead: Political Anxiety Runs High Giving The Dollar A Lift

2024-06-15 11:10:00 ET Summary Despite softer US inflation readings and lower interest rates, the US dollar performed well against the euro, sterling, and yen. Political anxiety in France and the UK, along with economic highlights from central bank meetings, impacted currency mark...

FXB - Self-Inflicted Wounds In Europe And Japan Help The Greenback Shrug Off The Drag Of Lower Rates

2024-06-14 07:15:00 ET Summary What makes the dollar's performance stand out is that it is taking place as US rates have fallen. The euro has been sold to almost $1.0670 and sterling has been pushed below $1.2700. In Japan, the BOJ made no change in its bond purchases, disappo...

FXB - Bank of England To Use June Meeting To Lay The Ground For A Summer Rate Cut

2024-06-14 06:30:00 ET Summary Six things to watch out for at the Bank of England’s June meeting. The swaps curve is pricing barely a 5% chance of a rate cut. The BoE, much like the European Central Bank, has been telling us that it is becoming more confident in it...

FXB - European markets in red, political instability in France impacts investor sentiment

2024-06-14 04:32:00 ET More on Europe Softer U.S. Story Beginning To Show In FX Markets European markets dip after Fed holds rate steady European markets surge anticipating Fed verdict Read the full article on Seeking Alpha For further details see: ...

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