Author : Marc Chandler

The old head and shoulders pattern in the dollar against the yen is back in vogue.  We first pointed it out the first week in January here. Recall the...

The US dollar is better bid today but remains largely in the ranges seen in recent days.  There a few developments to note, which together are lifting European equities...

In what is possibly one of the under-appreciated political events of the year, the Netherlands holds a plebiscite today on an associational agreement with Ukraine already approved by the...

Conspiracy theories have run amok.  After several years of claiming countries were engaged in currency wars or attempts to drive their currencies down to achieve export advantage, many reporters...

This Great Graphic, created on Bloomberg, depicts the CRB Index, a basket of commodity prices.  The technical picture has deteriorated, and the price action in the coming sessions is...

It is widely recognized that the sharp depreciation of the Japanese yen has not lifted Japanese export volumes.  In December 2015, Japanese export volumes had fallen 4.4% year-over-year after...

The US dollar is mostly lower as the North American session is set to begin.  The holiday in many centers, especially in Europe, has limited activity, and a few...

Four events will shape market psychology in the week ahead.  They are Yellen's speech to the NY Economic Club, US jobs data, Eurozone March CPI and PMI, and Japan's...

The most extreme speculative positioning, judging from the futures market is the long yen position.  The bulls added another 3.4k contracts, lifting the gross long position to 82.8k contracts. ...

The US dollar rose against all the major and most emerging market currencies last week. After selling off following the ECB and FOMC meetings, the dollar found better traction. ...