The most talked about subject in the investment markets last week was the unexpected decision by the Swiss National Bank to relinquish the stop gap correlation between the Swiss franc and the euro. This led to wild swings in the currency and European stock markets as traders adjusted to the news.
Despite the overall gains in Europe, the SPDR S&P 500 ETF (NYSE: SPY) was unable to overcome additional volatility in the commodity markets and wound up falling nearly 2 percent last week. SPY hit its lowest level of the year on Wednesday and has shown a penchant for much greater intra-day swings ...
/www.benzinga.com/etfs/sector-etfs/15/01/5154992/the-best-and-worst-etfs-of-the-week-amid-currency-wars alt=The Best And Worst ETFs Of The Week Amid Currency Wars>Full story available on Benzinga.com
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