The CurrencyShares Swiss Franc Trust increased 1.1% in premarket trading on August 17, ETF Trends reports. The trust rose after the Swiss National Bank’s (SNB) decided to take further steps to cool the franc’s rise but did not announce a peg to the euro.
So far in 2011, the CurrencyShares trust rose 17.3%. This fund follows the franc’s movements against the U.S. dollar.
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