Author : Marc Chandler

The US dollar is broadly firmer in the wake of the FOMC statement, but there are some notable exceptions. The market appears reluctant to sell sterling ahead of next...

The Federal Reserve provided limited forward guidance in today's statement.  It said that it "anticipates that it will be appropriate to raise the target range for the Fed funds...

While the markets wait for no man, the FOMC is a different story.  Janet Yellen expects to lead the Federal Reserve into taking the first step toward normalizing monetary...

The sharp decline in Chinese stocks and the policy response is important for global investors but not on the grounds commonly cited.  It is unlikely to have a major...

Observers have taken an almost prurient fascination with some sketchy details of the contingency plans then Finance Minister Varoufakis had developed for Greece if forced to leave the monetary...

The US dollar is mixed.  It is recouping some of yesterday's losses against the euro and yen but it is heavier against the other major currencies.  Short covering in...

EM assets start the week on a softer footing.  The China situation remains unsettled, with stocks on Monday posting their biggest one-day loss in eight years.  More support measures...

From a technical perspective, the US dollar looked vulnerable to start the week, but the 8.5% drop in Chinese shares in Shanghai provided additional fuel.  The linkage between the...

Surveys suggest that a little more than 80% of the economists expect the Federal Reserve to hike rates in September.  The September Fed funds futures, the most direct market...

The overextended technical condition of the dollar we highlighted previously came with a mixed performance last week.  Against the top ten currencies, that dollar fell against five.  The drop...