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USD is Little Changed as Oil Jumps

July 22, 2026
While there is much consternation from the American pundits and think tanks about China’s shock as it dominates auto manufacturing and value-added manufacturing, the two shocks from the US are more pressing for investors. First, The IEA says this is the biggest disruption in the oil market in history. The war in Middle East is escalating and the d…
USD is Little Changed as Oil Jumps USD is Little Changed as Oil Jumps Reviewed by Marc Chandler on July 22, 2026 Rating: 5
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Aided by China, Equities Bounce Back, and the Canadian Dollar Recovers from the Drop on US Threat of 50% Tariffs Aided by China, Equities Bounce Back, and the Canadian Dollar Recovers from the Drop on US Threat of 50% Tariffs Reviewed by Marc Chandler on July 21, 2026 Rating: 5
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Markets in Wait and See Mode

July 20, 2026
The capital markets are off to a mostly quiet start today, with Japanese markets closed and mixed signals from the Middle East after the war expanded over the weekend. Crude oil prices initially rallied but have come back off. The line-up of the new UK government is awaited. The tech sell-off continued in Asia but US index futures are trading firm…
Markets in Wait and See Mode Markets in Wait and See Mode Reviewed by Marc Chandler on July 20, 2026 Rating: 5
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Week Ahead: Tug-of-War between Softer US Rates and Safe-Haven from Escalating Middle East War Week Ahead: Tug-of-War between Softer US Rates and Safe-Haven from Escalating Middle East War Reviewed by Marc Chandler on July 18, 2026 Rating: 5
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War and Tech Slump Weigh on Sentiment

July 17, 2026
There are two major concerns that are spurring risk off ahead of the weekend. First, the Middle East war is escalating, and there does not seem to be a near-term off-ramp. Second, the rout in technology stocks is rippling through the equity markets, and sharp losses in many Asia Pacific equity markets have been recorded today and the Nasdaq is poi…
War and Tech Slump Weigh on Sentiment War and Tech Slump Weigh on Sentiment Reviewed by Marc Chandler on July 17, 2026 Rating: 5
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US Dollar Losses Yesterday Have Been Mostly Sustained Today

July 16, 2026
There seems to be a nervous calm in the foreign exchange market. The US dollar is mostly in narrow ranges around little changed levels. The euro, for example, is in about a 15-tick range and the greenback is confined to less than a quarter of a yen range. Despite the slightly stronger than expected May UK GDP (0.1%) sterling is among the heaviest …
US Dollar Losses Yesterday Have Been Mostly Sustained Today US Dollar Losses Yesterday Have Been Mostly Sustained Today Reviewed by Marc Chandler on July 16, 2026 Rating: 5
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US Dollar is Mostly Firmer, August WTI Recovers above $80, and China's GDP Disappoints but New 3-year Low Dollar Fix US Dollar is Mostly Firmer, August WTI Recovers above $80, and China's GDP Disappoints but New 3-year Low Dollar Fix Reviewed by Marc Chandler on July 15, 2026 Rating: 5
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