Author : Marc Chandler

No one can feign surprise that the Bank of England kept policy steady.  Nor was the 9-0 vote truly surprising, though there had been some speculation that of a...

After initially extending its recent recovery gains against the major currencies, the US dollar began consolidating in the European morning.  An unexpected shift by the Monetary Authority of Singapore,...

The decentralized nature of the Federal Reserve lends itself to both a division of labor and competitive analysis.  Some Federal Reserve branches have alternative inflation measures and trade-weighted indices...

The weekend meeting between many OPEC and non-OPEC producers has helped spur the recent gains in the price of oil.  We are concerned that market may be getting ahead...

The US dollar bid well in Europe and is poised to start the North American session with the wind to its back.  Despite firmer equity and industrial metal prices,...

There is a common ploy used by many analysts and reporters that often simply does not stand up to close scrutiny, and would in fact be mocked in the...

Every so often, a market move appears inexplicable.  The conundrum now is the yen's strength.  Of course, there are numerous attempts shed light on the yen's rise, but many,...

There are three highlights to the foreign exchange market today.  First, the yen is marginally softer.  The yen's strength this month has been the main development.  After making a...

The yen's surge may be easing.  It made a new marginal high in Asia, but it was unsustainable.  Technically, a hammer candlestick pattern may be traced out by the...

Early in the financial crisis, the US forced all large banks to take an infusion of capital.  This helped put a floor under the US financial system.  Regulators and...