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September 01, 2020 1:32pm
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Pound Sterling ETF Strengthens After BoE’s Consecutive Rate Hikes

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,...
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