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Dollar: Range-Bound or Trending?

November 24, 2018
The US dollar had a good week, appreciating against all the major currencies but the Swiss franc, and most emerging market currencies, with a couple of notable exceptions, including the Turkish lira and the South African rand. However, the dollar's gains seemed to be more a function of negative developments abroad rather than positive develop…
Dollar: Range-Bound or Trending? Dollar:  Range-Bound or Trending?  Reviewed by Marc Chandler on November 24, 2018 Rating: 5
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Friday

November 23, 2018
Overview:  The US dollar is firmer against most of the major currencies.  Japanese and Indian markets were closed for holidays and a weaker than expected flash EMU PMI helped keep the euro pinned near this week's lows.  Although the EU seemed to thrown UK's embattled May a lifeline with some compromise wording in a draft declaration, the c…
Friday Friday Reviewed by Marc Chandler on November 23, 2018 Rating: 5
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Cool Video: CNBC Squawk Box

November 21, 2018
I was part of the "Trading Block" on CNBC earlier today.  The sharp fall in stocks and oil would have led many, like Joe, to anticipate dollar weakness.  Instead, the dollar rallied.  Perhaps, I suggested, the dollar was acting like a safe haven.  Bill yields are high enough to make cash a reasonable alternative to park one's saving…
Cool Video: CNBC Squawk Box Cool Video:  CNBC Squawk Box Reviewed by Marc Chandler on November 21, 2018 Rating: 5
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A Semblance of Stability Returns

November 21, 2018
Overview: Yesterday's frenzy has burnt itself out for the moment.  Equities began recovering in Asia after early losses.  China, including Hong Kong, Singapore, and Thailand closed higher and European markets are recouping some of yesterday's decline.  The Dow Jones Stoxx is trying to snap a five-day decline and is up a little more than 0.…
A Semblance of Stability Returns A Semblance of Stability Returns Reviewed by Marc Chandler on November 21, 2018 Rating: 5
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Equity Slide Continues

November 20, 2018
Overview:  Yesterday's 3% drop in the NASDAQ is setting the tone for today.  The US stock market advance had been led by a narrow group of equities, and those have come under strong pressure amid slower consumer demand and stricter export control.  Asian equities were a sea of red today.  Chinese markets led the sell-off with more than a 2% dr…
Equity Slide Continues Equity Slide Continues Reviewed by Marc Chandler on November 20, 2018 Rating: 5
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