Author : Marc Chandler

The combination of the unequivocally strong US jobs report and the contrasting unexpected decline in German factory orders and industrial production reported last week sets the broad investment framework...

There were three significant speculative gross position adjustment among the currency futures in the Commitment of Traders reporting week ending November 3.  They were all expanding the gross short...

The US dollar and yields surged as the divergence meme, increasingly doubted, returned with a vengeance.  The 271k rise in nonfarm payrolls was most this year. The 2.5% year-over-year...

1) The AKP won a majority in the Turkish elections; 2) Colombia’s central bank unexpectedly hiked rates by 50 bps to 5.25% and added some new FX measures to...

The US jobs data was considerably stronger than expected and leave no doubt about the December meeting being live despite the year-end considerations that some had seen tying the...

The US dollar is going into the monthly jobs report bid.  It has risen against all the major currencies, save the Australian dollar that is up less than a...

Divergences in central bank policies continue to drive the global investment environment. This holds true not just across Developed Markets, but Emerging Markets as well.  We thought it would...

Wednesday may begin slowly in Asia featuring the largest IPO of the year in the form of Japan Post, but it may very well prove to be one of...

The US-German 2-year interest rate differential (swap rate) is a useful directional guide to the euro-dollar exchange rate.  At about 105 bp, it is the highest since 2005.  The...

Sometimes the mountain peak is clearer from the valley than from the summit.  It may be easier to understand the changes in China’s currency regime if we take a...