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Being franc on currency manipulation

Apr. 18, 2017 4:30 AM ETEWL, FXF, SWZ, FSZ, HEWLBy: Yoel Minkoff, SA News Editor2 Comments
  • Switzerland is not manipulating its currency, Jorg Gasser, the country's state secretary for international financial matters, told CNBC.
  • "It's not so much about a strong Swiss franc. It's rather about a very weak euro." he said.
  • Switzerland was recently listed on the "monitoring list" in the U.S. Treasury's semi-annual currency report of potential foreign-exchange manipulators.
  • ETFs: FXF, EWL, SWZ, FSZ, HEWL

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