Author : Marc Chandler

The euro, sterling and yen remain confined to their recent ranges, while the Australian and New Zealand dollars succumbed to selling pressure.   The euro, sterling and yen remain...

The media has pounced on a report from SWIFT, the international messaging platform for financial transactions, which showed a rise in the use of the Chinese yuan to record...

When the Federal Reserve issues its statement that tends to be the main highlight of the trading session. However, with expectations running fairly low for a significant shift in...

The Federal Reserve’s two-day meeting concludes Wednesday.  To the extent the FOMC meeting is ever routine, this should be it.  Its forward guidance evolved at the end of last...

The US dollar is sporting a slightly softer profile, but the price action is really more of a consolidation than a trend reversal.  The euro has gained nearly 0.5%...

Emerging markets seem to be on a slightly better footing after a few turbulent weeks. Many EM currencies were able to appreciate against the dollar in the wake of...

As the demonizing of Syriza gives way to post-electoral analysis, its victory appears anti-austerity, not anti-EMU.  Politics makes for strange bedfellows, and a small conservative party, Independent Greeks, have...

Reasonable people can debate some of the details, but there was little doubt that last week's big event, the ECB's asset purchases, was widely anticipated.  Nevertheless, what is striking...

The US dollar extended its gains against all the major currencies and most emerging market currencies over the past week.  The ECB's asset purchase program was a key driver,...

Over the last week, Hungary (+8.8%), Russia (+7.2%), and Chile (+5.7%) have outperformed in the EM equity space as measured by MSCI, while the Philippines (-0.9%), Czech Republic (-0.6%),...