FX Markets

Euro holds on to gains, but doubts remain


FRANKFURT -- The euro held most of its gains against the dollar last week, despite news that could have sent the currency packing, analysts said.

A pay-dispute strike by tens of thousands of metal workers in Germany, which highlighted the need for eurozone structural reform, and a mid-week rally in Wall Street equities, failed to stop the euro pushing even higher versus the dollar to $0.917 on Wednesday (May 8). "This shows how much sentiment has turned," said one FX trader at a US bank in London

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: