Author : Marc Chandler

The US dollar has begun the new week on firm footing. It remains, though, largely in the ranges seen in the second half of last week. Sterling is the...

It is not that May did not have its challenges.  The German bund extended flash crash had knock-on effects throughout the capital markets. The dollar, which had been trending...

The US dollar's strong advance in the second half of May showed signs of tiring as last week drew to a close.  It could be a function of month...

1) Brazil’s Senate finally approved the much discussed fiscal measure, 2) Poland’s ruling party lost control of the presidency, 3) The conflict in the South China Sea is heating...

There is a specter haunting Europe. A specter that rejects the status quo.  Last weekend, Spain's ruling PP lost majorities in all key municipalities and regional governments.  The opposition...

Sterling has fallen out of favor.  It was the market's darling, rallying from $1.4565 in mid-April to $1.5815 in mid-May.  From a technical point of view, it was correcting...

The pre-Socratic Heraclitus was the philosopher of change.  He wrote, "no man steps in the same river twice; for it is not the same river and he is not...

The US dollar is mixed after making new multi-year highs against the yen near JPY124.30 in Asia, while month-end positioning appears to have helped fuel an extension of the...

The US dollar had been in a broad trading range against the yen since last December. The marginal new high seen in March to about JPY122 proved to be...

A light bout of profit taking has seen yesterday's strong dollar gains pared.  Yesterday, the Dollar Index rose 1.3%, its biggest single day rise since July 2013.  There has...