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.
您已閱讀11%（490字），剩餘89%（4109字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。