Swissie Could Induce Commodities ETF Countertrend, but Tread Carefully
January 15, 2015 at 13:10 PM EST
The Swiss National Bank rattled global financial markets Thursday with its announcement that it is scrapping the franc’s euro peg, news that sent the CurrencyShares Swiss Franc Trust (NYSEArca: FXF) and scores of other well-known ETFs surging. EUR/CHF is down 13.3% to 1.0410 and is flirting with...
