British Pound ETF Hits Highest Levels in Almost 6 Years

The British pound exchange traded fund is marching toward a six-year high as the improving economy and rising inflation fuel speculation of a Bank of England rate hike. The CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) rose 0.4% Tuesday. FXB has strengthened 2.9% year-to-date and is...