Author : Marc Chandler

The dollar retains a firm undertone after yesterday's recovery in the North American session from the week's lows.  For the first time in months, the dollar has lost ground...

(1) The second round of the Brazilian elections is off to an exciting start(2) The situation in Turkey is becoming tenser as ISIS advances on Kurdish towns in Syria...

The US dollar's upside momentum has faded, but oil prices remain depressed.  Many observers try, too hard perhaps, to link the decline in commodity prices in general, and oil...

The dovish FOMC minutes have pushed the consolidative tone into a dollar correction.  Asia and European markets extended the dollar decline.  These losses brought the greenback near initial retracement...

Corrective forces continue to grip the foreign exchange market.  Many expect the dollar's downside correction/consolidation to end today.  Technically-inspired short-term participants often see 3-4 day counter-trend moves to be...

Weekly MOF data shows that Japanese investors have remained net buyers of foreign bonds in recent months.  After a weak start to the year that saw Japan investors shed...

Corrective forces continue to take hold of the foreign exchange market. It is long overdue and does not appear to be sparked by fundamental developments per se. Many short-term...

EM assets are starting the week on the front foot under the favorable constellation of a weaker dollar, stronger stocks and the unexpected result of the presidential elections in...

The main theme in Asia and Europe has been a somewhat heavier dollar tone, against the major and emerging market currencies.  There has not been much of a fundamental...

The broad economic conditions have been shaped to a large extent by the different policy responses to the Great Financial Crisis.  For reasons that need not concern us here,...