Swiss Franc ETF Higher After SNB Chief Steps Down

Posted on January 09, 2012 at 13:10 PM EST

The Swiss franc strengthened against the dollar on Monday after Swiss National Bank chief Philipp Hildebrand resigned amid a furor over currency trades made by the central banker and his wife. CurrencyShares Swiss Franc Trust (NYSEArca: FXF) was up 0.3% at last check. Hildebrand at a press...

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