Is the Swiss Franc ETF Still A Safe Haven?
February 01, 2012 at 16:00 PM EST
The Swiss franc has been trading near last four-month highs against the euro, the strongest since the Swiss National bank set a cap at 1.20. CurrencyShares Swiss Franc Trust (NYSEArca: FXF) has gained about 2% year-to-date, but Switzerland’s economic minister says the currency will lose value...