Author : Marc Chandler

All that is solid is melting.  After Copernicus, we know that earth is not the center of Creation.  Darwin showed us that humans are part of the animal kingdom. ...

It is not a good day for the US dollar.  It is being sold across the board.  The seemingly dovish FOMC minutes released late yesterday appears to have gotten...

Since late July, I have been looking for the Australian dollar to turn lower.  Instead, the Aussie has continued to climb.  It has risen in ten of the past...

It is as if Hamlet, the confused prince of Denmark, has taken up residence in Beijing.  The famed-prince wrestled with "seeming" and "being".  So are Chinese officials.  They seem...

The US dollar is enjoying a mid-week bounce against all the major currencies.  It appears that participants in Asia and Europe are giving more credence to NY Fed Dudley's...

This Great Graphic was created on Bloomberg.  I use it to illustrate a possible head and shoulder pattern that has been carved by the US dollar against the yen. ...

The US dollar is being sold across the board today.  The US Dollar Index is off 0.65% late in the European morning, which, if sustained, would make it the...

Today is anniversary of the final blow to the dollar-gold standard.  By August 15, 1971, the exchange of dollars for gold was limited to central banks, and US President...

The US dollar closed the pre-weekend session well off its lows that were seen in response to the disappointing retail sales report.  It has been unable to sustain the...

EM FX ended the week on a soft note, despite the weaker than expected US retail sales report. Official concern about strong exchange rates is beginning to emerge. First,...