Currency Managers Up In August On Euro Trading

NEWS

STANFORD, CT -- The weakening euro helped currency managers to small trading gains in August -- although investors in the emerging markets currencies scored higher returns, according to Parker FX Index figures released last week.

The index, which tracks the performance -- or value-added -- that managers have generated from positioning long or short currencies, was up 0.07 per cent in August, while the Emerging FX Index was up 1.85 per cent. The emerging index tracks programmes with exposures