Author : Marc Chandler

The US dollar was mostly firmer over the past week.  There were two exceptions among the major currencies:  Sterling and the Canadian dollar. Many linked sterling's outperformance (+0.8%) to...

For various reasons, well beyond the scope of this short note, China has amassed huge industrial capacity, well beyond its ability to absorb.  In part, that is one of...

In the EM equity space, India (+5.3%), Taiwan (+4.1%), and Hong Kong (+3.6%) have outperformed this week, while Colombia (-1.5%), Qatar (-0.9%), and China (-0.5%) have underperformed. To put...

The US dollar is winding down the week on a firm note, but still in a consolidative mode.  The euro, yen, and Australian dollar are well within yesterday's ranges...

Many investors still think about gold as if it were money.  Economists identify three functions of money: store of value, means of exchange, and a unit of account.  It...

The G7 heads of state summit has begun.  The host, Japan's Prime Minister Abe began with doom and gloom.  Accounts suggest he warned of the risk of a crisis...

The US dollar is trading with a softer bias today after the momentum stalled yesterday.  The pullback is shallow but could be extended a bit more in the North...

For investors, the most important thing about the successful review of Greece's implementation of last year's agreement is that it effectively removes it from the list of potential disruptive...

The US dollar is little changed against the major currencies as yesterday's moves are consolidated and traders wait for fresh developments.  Global equities were higher after Wall Street's advance...

Since the LIBOR scandal erupted, US officials have been working toward an alternative benchmark.  In 2014, the Fed set up a working committee that includes more than a dozen...