Currency managers lose ground in July

- FX Markets Staff
- @FXMarkets_
- 16 Sep 2002

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

STAMFORD, CT -- Few currency fund managers saw positive returns in July, according to the Parker Global Strategies’ FX Index, released last week.

The index was down by 1.40% in July, with only 33% of the programmes contributing to it reporting positive results.

"The champagne corks popped too early," said Peter Panholzer, chief trader at the top-performing programme Dynex Coporation in Monaco, which was up by 6.13% in July. "After the general euphoria of reaching par with the dollar, the euro

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 print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com