Author : Marc Chandler

Many observers conclude OPEC is dead.  Oh, there have been claims of its demise before, but after the oil cartel failed to provide a quota (output goal) in last...

The US dollar is firm against the dollar-bloc currencies, and sterling, but is heavier against the euro and yen.  The 13th consecutive year-over-year decline in China's imports helped keep...

EM starts the week off in the familiar position of coming under pressure.  The strong US jobs report has all but cemented a Fed lift-off this month, helping the...

Economists expected China's reserves to fall by around $33 bln in November.  Instead, they fell by a little more than $87 bln.   This is the third largest decline it...

The exaggerated response to last week's ECB meeting continues to unwind.  Draghi's dovish comments and the strength of US employment data have helped keep the divergence meme front and...

China joined the SDR, with a weight that puts it in third place behind the dollar and euro.  The ECB did ease policy. It delivered a 10 bp cut...

Given the large moves in prices shortly after the CFTC reporting period ended on 1 December renders the latest Commitment of Traders report more dated than is usually the...

The market's disappointment with the ECB unleashed pent-up corrective forces in the foreign exchange market.  This leg up in the dollar began in mid-October.  Through the day before the...

1) The Chinese yuan will be in the SDR.  2) Brazil had one of the most important weeks of the year, and possibly of its history. 3) Russia enacted...

After the ECB's disappointment yesterday market nerves were shattered, but the largely as expected US jobs data may help the focus return to the underlying fundamental fact.  The ECB...