Financial News
Swiss Franc ETF Loses Safety Status, Currency Hits Parity with USD
May 12, 2022 at 16:27 PM EDT
The Swiss franc-related exchange traded fund has plunged this year, with the currency trading at parity with the U.S. dollar for the first time since late 2019, as Switzerland’s safe-haven status erodes. The Invesco CurrencyShares Swiss Franc Trust (NYSEArca: FXF) continued to decline 1.0% on...
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