FX traders losing confidence in dollar with few catalysts to buy


NEW YORK: Currency traders are getting no joy from one of the market’s most crowded trades.

Dollar bulls have reason to be gloomy after the greenback ended last week little changed against a basket of peers following a three-week decline. The US currency struggled to lure buyers after a mixed jobs report and a Federal Reserve meeting in which officials signalled no change to their interest-rate policy outlook.

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Business , FX

   

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