Weakened dollar boosts fund returns
NEWS
STAMFORD, CT -- Continued dollar weakness in May helped some currency funds see increased returns, according to the Parker FX index for the month, which was announced last week.
Julius Staniewicz, senior strategist at John W. Henry & Co in Boca Raton, Florida, which saw increases of 14.31% and 14.19% for its international FX and dollar programmes respectively, said: "The dollar programme’s strong performance came from the dollar weakness shown for the whole of May. While this weakness was not
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