FX Markets

Greenback loses shine as bears close in


NEW YORK – Bearish sentiment on the US dollar continued to gather pace last week, as the major European currencies set five-month highs against the greenback.

The euro rose above $0.92, while the pound strengthened to $1.449 against the US currency, in markets that dealers described as thin and lacking liquidity.

"There are plenty of dollar-negative factors in the market," Ian Gunner, foreign exchange strategist at ABN Amro in London, told FX Week. "We saw sentiment in short-term accounts shift

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: