Yen, Swiss Franc ETFs Rally After S&P Downgrade
August 08, 2011 at 15:22 PM EDT
The safety trade was in full force Monday, including currency exchange traded funds as investors favored ETFs pegged to the Swiss franc and Japanese yen after Standard & Poor’s cut its triple-A credit rating on the U.S. by one notch. CurrencyShares Swiss Franc Trust (NYSEArca: FXF) rose...