Currency fund returns turn negative in June

business-shelter-negative-outlook

Currency funds have struggled to generate returns in June, as the US Federal Reserve made no significant changes to its monetary policy and kept investors waiting for a rate hike, while Greece's tense negotiations with its European creditors ended on a positive note, despite the anticipated rupture of the eurozone.

The Parker FX Index, which benchmarks the performance of currency funds, reported that 25 of the 30 programmes reporting to the Index in June saw negative returns, resulting in a 1.52

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: