Author : Marc Chandler

The US dollar is easily the most traded currency, and despite the plethora of other currencies, it is on one side of nearly 90% of all trades.  Yet the...

Since the UK voted to leave the EU, emerging market equities have outperformed equities from the developed markets.  This Great Graphic, composed on Bloomberg, shows the MSCI Emerging Market...

The US dollar is broadly mixed against the major currencies.  The Swiss franc's 0.25% gain puts it at the top of the board, after sterling's earlier gains were largely...

With the Bank of England apparently surprising the market more than one might have expected, given the split surveys, many are thinking sterling has bottomed.  If it has bottomed,...

The Bank of England surprised many, if not most, participants by not changing policy.  There was no rate cut and no asset purchase plan. However, there can be little...

After a nearly three weeks of turmoil following the UK referendum, there is now a sense of order returning to UK politics.  Two elements of the new government are...

With Brexit, the pressure on Italian banks, and the surge and then sell-off in the yen, Spain may have been pushed off some investors' radar screens.  There are three...

The two main developments in the foreign exchange market this week in recent days has been the opposite of what has transpired over the past several weeks.  Sterling moved...

The FTSE Italian bank index was down nearly 40% this year through the day of the UK referendum.  It fell another 33% from the results of the referendum to...

Sterling is leading the new appetite for risk as one element of political uncertainty has been lifted.  It is moving higher for the third consecutive session today; advancing by...