Investor’s Business Daily: “Swiss Franc ETF Plunges Further As Dollar Rallies”

. . . “The SNB will continue to do whatever it can to keep the Swiss franc from being an inflated safe haven for forex speculators,” said John Alan James, a professor at Pace University’s Lubin School of Business in New York City . . . “Switzerland never joined the European Union or the euro zone because it foresaw the current developments,” James said. “Switzerland and its banking havens for all types of foreign investors cannot afford to lose it sovereignty or encumber the swiss franc in any way.”

 

. . . “The SNB will continue to do whatever it can to keep the Swiss franc from being an inflated safe haven for forex speculators,” said John Alan James, a professor at Pace University’s Lubin School of Business in New York City . . . “Switzerland never joined the European Union or the euro zone because it foresaw the current developments,” James said. “Switzerland and its banking havens for all types of foreign investors cannot afford to lose it sovereignty or encumber the swiss franc in any way.”

Read the article in Investor’s Business Daily.

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