Skip to contentHome page Seeking Alpha - Power to InvestorsMar 26, 2026, 9:40 AM ETS&P 500 Futures (SPX), SP500, DXYUSDU, UUP, UDN, FXA, FXC, FXB, GBBEF, YCS, YCL, FXY, EROTF, ULE, EUO, FXE, JEMTF, CEW, PGDDFMarc Chandler17.13K FollowersCommentsThe US dollar is trading in narrow trading ranges against the G10 currencies today, but the calm in the foreign exchange market belies stress in other parts of the capital markets.Even without the benefit of higher US yields, the dollar crept higher against the Japanese yen yesterday. The dollar remains firm but trading choppily between about JPY159.30 and JPY159.55. The market has not given up on JPY160.CAD has come under pressure over this week. The greenback was initially sold to about CAD1.3670 on Monday, but recovered to settle around CAD1.3720. It approached CAD1.3840 in Europe today.Yesterday’s equity gains in North America failed to inspire buying today. The only Asia-Pacific market to resist the downdraft was New Zealand. South Korea led the retreat with a 3.2% drop.Europe’s Stoxx 600 is snapping a three-day advance and giving back most of yesterday’s 1.4% gain. US index futures are off around 0.75-1.0%.Pla2na/iStock via Getty ImagesThe US dollar (DXY) is trading in narrow trading ranges against the G10 currencies today, but the calm in the foreign exchange market belies stress in other parts of the capital markets. Equities and bonds haveThis article was written byMarc Chandler17.13K FollowersMarc Chandler has been covering the global capital markets in one fashion or another for 40 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/marcmakingsenseCommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.