US dollar slide helps currency programmes to profit in June
NEWS
STAMFORD, CT -- The dollar’s continued slide during June helped power the Parker FX Index to its largest monthly return since March 1995, Parker Global Strategies, owner of the Index, reported last week.
Up 5.60%, with 89% of programmes on the Index reporting positive results, June’s figure takes the Index’s compounded returns to 8.66% for the year-to-date.
"June’s performance in the Dollar Programme was a result of the continuing weakness of the US dollar," said Julius Staniewicz, senior
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