Currency managers up in December
The Parker FX Index is reporting a +0.17% return for December, as political uncertainty and accommodative, pro-growth monetary policies drove FX market trends.
For the majority of the month, scepticism surrounding US fiscal cliff negotiations dominated headline news. Of the 43 programmes reporting into the index in December, 24 reported positive results, 18 incurred losses, while one was flat. On a risk-adjusted basis, the index was up +0.07% in December. The median return for the month was +0
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