Author : Marc Chandler

EM ended last week under pressure.  With two potentially disruptive events (FOMC meeting and Brexit vote) still in play, we think that EM softness should carry over into this...

In the first week of June, which featured both the largely uneventful ECB meeting, and the surprisingly weak US jobs data through the first couple sessions this week saw...

A couple of weeks ago, the four central banks that meet in the coming days were thought to be a big deal.  Numerous Federal Reserve officials were preparing the...

The US dollar traded heavily in the first few days of last week as investors continued to respond to the poor employment report.   However, Yellen's willingness to defer judgment...

Many people understand politics and economics to be two different disciplines.  I remember in graduate school more than two decades ago, many colleagues and professors operationally defined political economy...

The US dollar weakened in the first half of the week as participants continued to react to the shockingly poor jobs report and shift in Fed expectations.  However, it...

The US dollar is posting modest upticks against most of the European currencies and the Canadian and Australian dollars. However, it has fallen against the yen and taken out...

The most important element in next week's FOMC meeting may come from the dot plot and whether the Fed officials are backing away from the two hikes thought appropriate...

With today's gains, the price of Brent has nearly doubled from its lows in January.  Of course, the price of oil is still less than half of levels that...

The foreign exchange market is quiet.  The euro remains confined to the narrow range seen on Monday between $1.1325 and $1.1395.  We continue to look for higher levels near-term...