Swissie Could Induce Commodities ETF Countertrend, but Tread Carefully

The Swiss National Bank rattled global financial markets Thursday with its announcement that it is scrapping the franc’s euro peg, news that sent the CurrencyShares Swiss Franc Trust (NYSEArca: FXF) and scores of other well-known ETFs surging. EUR/CHF is down 13.3% to 1.0410 and is flirting with...
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