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Trade of the Day: Guggenheim CurrencyShares British Pound (FXB)
If Britain can't obtain favorable trade arrangements with the EU, the British economy is going to suffer, the Bank of England (BOE) may need to try and stimulate the economy and the value of the British pound is going to fall.
Friday’s 3-Alarm Fire List: SPDR S&P 500 ETF Trust (SPY), British Pound (GBP) and Sonic Corporation (SONC)
Britain voted to "Brexit," and that has sent the S&P 500 (SPY) and the British Pound (GBP) reeling. Poor Sonic (SONC) got caught up in it all, too.