U.S. Jobs Data Due While The Confrontation With Iran Is Approaching A Climax

Marc Chandler17.13K FollowersFollow5ShareSavePlay(10min)CommentsSummaryThe US dollar is softer against all the G10 currencies.Yesterday’s disappointing retail sales saw US rates fall.The Canadian dollar reached a new high for the month yesterday in North America and is marginally stronger today.Equities in the Asia Pacific region were mostly higher, though Chinese markets themselves were mixed.Gold is straddling the $5100 area in Europe, a new high for the month. FeelPic/iStock via Getty Images The US dollar (DXY) is softer against all the G10 currencies. The powerful short squeeze continues to lift the yen, though Japan was on holiday today. Defying expectations, the yen, and Japanese bonds have rallied since the LDP’s sweepingThis article was written byMarc Chandler17.13K FollowersFollowMarc Chandler has been covering the global capital markets in one fashion or another for 25 years, working at economic consulting firms and global investment banks. A prolific writer and speaker he appears regularly on CNBC and has spoken for the Foreign Policy Association. In addition to being quoted in the financial press daily, Chandler has been published in the Financial Times, Foreign Affairs, and the Washington Post. In 2009 Chandler was named a Business Visionary by Forbes. Marc's commentary can be found at his blog (www.marctomarket.com) and twitter www.twitter.com/marcmakingsense