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.