Currency ETFs have seen trading volume ramp higher over the past week, especially the Swiss franc fund and CurrencyShares Australian Dollar Trust (NYSE: FXA), which has dropped sharply along with commodity prices.
“The daily headlines are very currency-fueled these days, and the volatilities in related ETFs are unprecedented,” said Paul Weisbruch, head of ETF/options sales and trading at Street One Financial.
CurrencyShares Swiss Franc Trust
Read the disclaimer; Tom Lydon is a board member of Rydex|SGI.
