Swiss Franc ETF in Focus After SNB Move
September 06, 2011 at 07:25 AM EDT
An exchange traded fund indexed to the Swiss franc’s movements against the U.S. dollar was set for a sharply lower open Tuesday after the Swiss National Bank set a floor on the euro/franc exchange rate. The U.S. dollar was up 8% versus the franc on Tuesday morning on the news. The SNB said it would...
