Author : Marc Chandler

The broad measures of the US dollar are trending higher, and former Fed Chair Bernanke recently refuted claims the US was engaged in a currency war. Many observers had...

EM starts the week under broad-based pressure.  We downplay reports of competitive devaluations under way because of China’s FX moves, however.  Many in EM in experiencing negative terms of...

Chinese shares continued last week's plunge, with the Shanghai Composite off 5.3% and the Shenzhen Composite falling 6.6%.  Both indices closed on their lows.  With the apparent help of...

Developments in China seemed to overshadow other considerations as investors returned from the New Year.  The offices were open and desks manned, yet many did not appear to be...

Due to the holidays, the CFTC has been releasing its Commitment of Traders report late.  With this week's report, the normal Friday release schedule resumes.  The latest report covers...

A tumultuous start of the year saw the US dollar turn in a mixed performance.  Emerging market currencies and the dollar-bloc softened.  Sterling was in this camp, losing about...

1) Chinese policymakers introduced circuit-breakers for its equity markets on Monday, but then suspended them on Thursday, 2) PBOC finally fixed USD/CNY lower (albeit marginally) Friday after eight straight...

US grew nearly 300k jobs in December.  The October and November jobs growth revised up by 50k.  The unemployment rate was unchanged at 5.0%, even though the participation rate...

For the first time this week, the PBOC set higher central reference rate for the yuan and Chinese shares rallied, with the apparent assistance of officials, after abandoning the...

One might be forgiven for believing that nail-baiting start to the year is all China's fault.  It has repeatedly for eight sessions fixed the yuan lower, including earlier today,...