Author : Marc Chandler

The US dollar recouped some of the modest losses seen in North America yesterday.  The focus is not, though, so much on the US today.  The Bank of England,...

Most of the capital markets action here at the start of the week fall into one of two buckets.  The first bucket is consolidation.  Through the European morning, the...

The US employment data was disappointing. The short-term market had been leaning the wrong way. The recent data had fanned hopes that the labor market was accelerating, but today’s...

The US dollar is extending its gains in response to the strong US GDP figures.  There are four elements of the report to note.  First, the economy expanded by...

 This is an eventful week, but the economic calendar starts slowly.  The FOMC meeting, first look at Q1 US GDP and the US jobs report, are the highlights.  ...

There have been five important developments today, but price action has been mostly limited.  Confirmation that the Reserve Bank of New Zealand is pausing after hiking rates for the...

The euro slipped through the low of the year and the weekly trend line going back to 2012. However, it found bids near $1.3460 and has recovered a bit....

The US dollar is little changed to start the week. The apparent calm masks heightened geopolitical tensions in Ukraine and Gaza. Equity markets are trading heavy and this is...

Geopolitical events are overshadowing a light economic calendar ahead of the weekend.   The shooting down of the Malaysian plane over Ukraine and the Israel's launch of a ground...

The US dollar is trading higher against the major currencies. Many observers are attributing dollar's gains yesterday and today to comments from Yellen. We are concerned that this is...