It has been a frustrating summer for dollar bulls.
With the US Federal Reserve signalling an end to ever-looser monetary policy, and European and British central bankers, by contrast, saying they will carry on easing, a stronger dollar seemed a one-way bet.
It has not panned out that way. Instead, the US currency has fallen for much of July as the Fed, led by Ben Bernanke, has stressed how reducing its monthly bond purchases is miles away from an actual rise in short-term interest rates.
您已阅读11%（490字），剩余89%（4109字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。