Dollar weakness boosts currency funds in August
NEWS
STAMFORD CT -- Continued dollar weakness boosted gains for currency market investors in August, according to the Parker FX Index.
The Index, which tracks the gains made by investors in the currency markets, reported a monthly return of 1.84% for August, with 72% of the 43 programmes on the index reporting positive results.
Louis Grosjean, of top performing programme Foreign Exchange Management of Kusnacht, Switzerland, said: "Due to volatility in the depreciation of the US dollar, the dollar
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