Summary
Looking at a daily chart of the euro, investors can understand how a majority of foreign exchange-based managers have lost money this year. The strong trending currency markets that led to many positive returns for managers last year have given way to choppy markets. That has been particularly true of the euro where 100-tick daily ranges have chopped up short-term traders much the same way the rudderless market has chopped up long-term traders.
See the full content of this document
Extract
Euro Chop
Looking at a daily chart of the euro, you can understand ho...
See the full content of this document
Sponsored links
