Author : Marc Chandler

The US dollar extended its recent gains against the major currencies.  The euro returned to its break out level near $1.1060 after approaching $1.15 at the end of last...

The 57 founding members of the China-sponsored Asian Investment Bank will meet on May 20 in Singapore.   Many countries rushed to join the new development bank before the March...

The US dollar is broadly higher as yesterday's gains are extended.  The driving force is not so much a shift in perceptions of the US economy, though the San...

EM assets start the week under some mild pressure. This comes after last week’s rally, which was fed by the positive combination of stabilizing commodity prices, continued dollar softness,...

The US dollar, which traded heavily throughout last week, turned better bid today.  However, with no significant data, and the renewed pressure on European bonds, the greenback's firmer tone...

The dollar bullish divergence story appears to have hit a wall.  With US Q1 GDP likely to have contracted by around 1% at an annualized rate in Q1 and...

Disappointing US economic data and high volatility in the German bunds kept the dollar under pressure.  Over the past week the greenback fell against all the major currencies, save...

This Great Graphic comes from the Wall Street Journal.  It shows the evolution of market expectations for the first Fed rate hike from the monthly survey it conducts.  At...

1) China stimulus continues, 2) Stymied India reform efforts, 3) Brazil’s fiscal outlook has worsened after the lower house passed an amendment to boost pension payments, 4) Polish political...

The US dollar is enjoying firmer tone as the week winds down.  It is up against all the major currencies but the Norwegian krone today.  This trims the loss...