Marc Chandler's Comment & Analysis
A complete archive of Marc Chandler's articles, including current analysis & opinion.
Fed Chair Powell did not push against the easing of US financial conditions when he ostensibly had an opportunity yesterday. This coupled with expectations of another decline in the US CPI, which will...
This Great Graphic, made on Bloomberg, depicts the Australian dollar since April 2016. We drew in the trendline from that April high, through the November high and the March 2017 high. It nearly...
Since late July, I have been looking for the Australian dollar to turn lower. Instead, the Aussie has continued to climb. It has risen in ten of the past eleven weeks. These gains have brought the...
Here are two Great Graphics that portray two time series: the dollar-yuan exchange rate and the yuan against a trade-weighted basket. The first chart comes from a highly reputable consulting firm. It...
EM ended the week on a firm note after the US jobs shocker. While we view the weak reading as a fluke, shifting market perceptions of Fed tightening risk should keep EM bid near-term. However, we...
The US dollar reversed higher on May 3 and trended higher. It peaked on May 30, but it was not clear until Friday's poor US jobs report sent the greenback reeling on June 3. The fact that May 3-May...
Korea will extend trading hours for stock and FX markets by 30 minutes effective August 1
The Monetary Authority of Singapore said it will withdraw BSI Bank’s license for breaches of...
For investors, the most important thing about the successful review of Greece's implementation of last year's agreement is that it effectively removes it from the list of potential disruptive factors...
We felt strongly that the FOMC minutes would be more hawkish than the statement that followed the meeting, and we were not disappointed. However, our caveat remains: the minutes dilute the signal that...
The US dollar rose against all the major currencies last week. The importance of the price action does not lie with the magnitude or the breadth of the advance. Instead, the two takeaway technical...