LOOSE CHANGE

LOOSE CHANGE

With 41 of 42 programmes comprising its FX Index reporting, Ferrell Capital Management says the Index fell 1.9 per cent during July, with a median return of negative 1.3 per cent. The comparable figures for June were +3.9 per cent and +1.5 per cent, respectively. GaiaCorp Ireland of Dublin led the pack, registering a 4.6 per cent gain for its FX programme during July. The second and third-best performing currency programmes for July were Millennium Partners of New York, with a 2.4 per cent gain

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