Risk Aversion Sends Traders To Safe-Haven Currencies, ETFs
July 29, 2011 at 14:51 PM EDT
After the muted data on the U.S. economy, and with the U.S. dollar weakening against the Japanese yen and Swiss franc, traders are turning to the safe-haven currency exchange traded funds (ETFs). CurrencyShares Japanese Yen Trust (NYSEArca: FXY) was up 0.90% and CurrencyShares Swiss Franc Trust...
