Trend Strategy Is Biggest Winner in $4 Trillion Currency Market
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Investors who follow trends are reaping the biggest gains in the foreign-exchange market this year as a 11 percent slide in the euro and the surge in the yen against the dollar provide the most profitable returns.
Royal Bank of Scotland Group Plc indexes that track the performance of four of the most popular currency strategies show that the so-called trend style was the best-performing method, returning 7.3 percent this year through August. The biggest loser was the volatility strategy, which is down 5.9 percent.