Invesco CurrencyShares British Pound Sterling Trust Price & Performance (FXB)

The Invesco CurrencyShares British Pound Sterling Trust (FXB) slipped 1% as UK services and composite PMIs posted their steepest declines in over two years, dropping below the 50 mark that signals contraction. Weaker economic data adds to investor caution, pressuring the pound and related funds.12

With the U.S. dollar hitting multi-month lows amid trade policy uncertainty, funds like the Invesco CurrencyShares British Pound Sterling Trust (FXB) are gaining attention. Investors are increasingly seeking hedges against further dollar weakness, boosting demand for currency-focused ETFs such as FXB.34

Recent filings show Wells Fargo & Company MN reduced its stake in FXB by nearly 59% last quarter, while Mesirow Financial initiated a new position. This shift among major investors reflects ongoing uncertainty in currency markets and the search for stability within diversified portfolios.14