FX Week

LOOSE CHANGE

LOOSE CHANGE

With 41 of the 42 programs in Ferrell Capital Management's FX Index reporting, the company says that the index was down 1.8 per cent in August, following a 1.9 per cent decrease in July. August's and July's median returns were negative 3.4 and 1.3 per cent, respectively. Year-to-date, the index is down 5.29 per cent, with a median negative 11.8 per cent return. Fourteen of the 41 programs reporting registered positive results. August's top performer was Compucon Finance of Zug, Switzerland

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