Euro’s Pain is Swiss Franc ETF’s Gain
December 21, 2010 at 15:00 PM EST
The euro is hurting, but don’t look for any sympathy in the Swiss franc exchange traded fund (ETF), which is on the move after a downgrade warning was issued for Portugal. The announcement sent the Swiss franc to a record high. CurrencyShares Swiss Franc Trust (NYSEArca: FXF) also edged up...