Author : Marc Chandler

Conditioning has trained us to be skeptical when someone says this time is different.  It often means to justify some excess.  However, we still need to be sensitive to...

The US dollar is trading higher against the dollar-bloc, encouraged by the continued decline in commodity prices and energy.  Disappointment with retail sales when petrol is included pushed sterling...

Oil prices have fallen to new lows following news of an unexpected 2.68 mln barrel build of US crude oil inventories.  The API data had prepared the market a...

Greece had been a dominant issue for investors for much of the first seven months of the year.  The seemingly reversal by Greek Prime Minister Tsipras allowed Greece to...

The US dollar has been mostly confined to yesterday's ranges against the major currencies.  Outside of a larger than expected Japan trade deficit, and a jump in the Eurozone's...

Firmer UK inflation has helped sterling recover from yesterday's decline. Sterling overcame resistance near $1.5700 making $1.58 the next technical target. Poor US housing starts data, after a heady...

With the all the euphoria about the Chinese currency depreciation apparently behind us, we can again focus on other drivers for EM assets. In addition, these are developments in...

Fears of a quick sharp devaluation of the Chinese yuan, disrupting the global economy, sparking a currency war, have eased. For the second session, the yuan stabilized.  The central...

A fragile stability has returned to the Chinese currency and stocks.  With the help of the Social Democrats, the German parliament is likely to endorse Greece's third aid package,...

The gyrations in the foreign exchange market spurred by the panicked response to Chinese machinations may have been the last spasm before the summer doldrums grip the dollar. The...