Financial Times FT.com

Euro falters after US policy shift

By Neil Dennis

Published: May 2 2008 11:57 | Last updated: May 2 2008 17:20

The euro was on a less steady footing against the dollar and sterling this week after its recent bull run.

Sentiment in currency markets was dominated by two big US events – the Federal Reserve’s open market committee meeting on Wednesday and Friday’s employment data.

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