Currency funds continue growth trend

Funds recovering swagger after lean years

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Signs of pick-up in FX market activity

Currency funds have continued to bounce back from their recent fallow period, notching up a second straight month of positive returns in August, amid signs of a general pick-up in FX market activity.

According to data from the Parker Global Strategies, 25 out of the 36 funds in the firm's FX Index reported growth, with an average return of 1.7%. This is a boost from the 0.82% average growth recorded from 32 of the index's funds in July, and a major increase from the 0.42% experienced across the

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