Swiss Franc ETF Loses Strength After SNB Intervention
September 06, 2011 at 15:00 PM EDT
An exchange traded fund that tracks the price movements of the Swiss franc currency plummeted Tuesday after the Swiss National Bank capped the strength of its currency against the euro. CurrencyShares Swiss Franc Trust (NYSEArca: FXF) was down more than 8%. It follows the franc’s movements...