Author : Marc Chandler

Yesterday's mostly counter-trend moves ended abruptly.  A second governor of the Federal Reserve voiced opposition to the intimation by Yellen and Fischer, and several regional presidents that a rate...

As a lightning rod for the global capital markets, Greece has surrendered.  It role being taken up by China rough transition or the Fed's continued reluctance to hike rates...

The recent trends in the global capital markets are reversing today.  Although the price action yesterday warned of the risk, there have been five fundamental developments that are contributing...

Positive momentum for EM assets looks to extend its moves from last week.  Buoying EM sentiment is gains in developed markets equity indices, the weaker dollar more broadly, and...

After a troublesome August and most of September, risk appetites were rekindled beginning in late September.  Aiding this are ideas that the period of extremely accommodative monetary policy by...

Amid light news, the downward pressure on the US dollar has continued against the majors but emerging market currencies are a mixed picture.  The key driver is the spate...

There is a sense that the markets are at crossroads.  Many suspect, there has been a trend change.   The reason for many to buy the dollar was the Fed...

The US dollar fell against most of the major and emerging market currencies for the second consecutive week.  The combination of market positioning, weak confidence that the Fed will...

1) The Brazilian central bank had a record monthly loss on its FX swap operations in September, 2) Also in Brazil, the impeachment process got a step closer, 3)...

The US dollar is on its back foot. It was already sporting a softer bias and the FOMC minutes had a dovish twist.  A Wall Street Journal poll found...