More important, some managers argue, currency movements are neutral over long periods.
But all of that gain, and a bit more, was wiped out by the currency movement.
But if investors own shares for several years, currency movements should cancel one another out, he said.
Today the Fed followed its policy of declining to comment on currency movements in progress.
How can I protect myself from being caught out by currency movements?
And the best calculations can be screwed up by currency movements.
Such currency movements would accentuate the price cut because oil is priced in dollars.
However, the overall value of the fund rose due to oil sales and currency movements.
This year, currency movements have had a significant impact on the performance of many international bond funds.
So all the gain for the year would come from the currency movement.