RTFX Managed Accounts Benefit from Rise in Euro
EUR/USD surged to a 15-month high on Wednesday lifted by a general return of risk appetite in global markets. The euro gushed higher versus the dollar from a low of 1.4329 hit early in Asian trading, as it edged closer to 2010 highs. The single currency is up more than 1.35 percent versus the greenback, reaching a high of 1.4547 by the time of writing.
RTFX Forex Managed Accounts took advantage of the rise in EUR/USD. The Asset Management Service continued where it left off from yesterday, where it recorded 3.34, 3.09 and 0.56 percent on the Standard, Dynamic, Conservative strategies respectively.
RTFX’s Standard Strategy has recorded around 3 percent so far today, with a potential for more gains throughout the day. The Dynamic strategy and Conservative strategy module are also recording impressive gains thus far.