June 10, 2013 at 16:30 PM EDT
‘Hard’ Currency ETFs Attract Safe-Haven Plays
After rising speculation on Fed “tapering” and the tumult in the U.S. equities markets, global investors flocked back to traditional safe-haven plays, boosting hard currency exchange traded funds. For instance, the CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) was up 2.4%...
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