‘Hard’ Currency ETFs Attract Safe-Haven Plays
June 10, 2013 at 16:30 PM EDT
After rising speculation on Fed “tapering” and the tumult in the U.S. equities markets, global investors flocked back to traditional safe-haven plays, boosting hard currency exchange traded funds. For instance, the CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) was up 2.4%...