Gambling on stability

Background

While the USD's slide against the euro has been a protracted affair - first getting under way in the first quarter of 2002 - its most recent fall has been by far the most dramatic. Of the 83% rise in EUR/USD over the past seven years, nearly one-tenth of this appreciation has transpired over the past quarter alone. Whereas structural issues and the diversification of USD reserves by Asian central banks might explain the more 'leisurely' portion of this trend, its more aggressive

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

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: