Marc Chandler's Comment & Analysis
A complete archive of Marc Chandler's articles, including current analysis & opinion - Page 3
The US dollar and yields surged as the divergence meme, which had been increasingly doubted, returned with a vengeance. The 271k rise in nonfarm payrolls was the most this year. The 2.5%...
A critical driver in the foreign exchange market, and the global capital markets more generally, is the continued preparation by the Federal Reserve for a rate hike, while many other central banks,...
It was a close call. After Australia's leading banks lifted the variable rate mortgage rates recently, many observers expected the Reserve Bank of Australia to offset the tightening with a rate cut...
The combination of the dovish signals from the European Central Bank and the rate cut Friday by the People’s Bank of China lifted the US dollar just as it was threatening to fall through the...
The main event today is the ECB meeting. Many observers expect a dovish tilt as Draghi prepares to expand QE in December. A Bloomberg survey conducted last week found that 80% of economists expect...
The US dollar fell against most of the major and emerging market currencies for the second consecutive week. The combination of market positioning, weak confidence that the Fed will hike rates this...
The unexpectedly poor September US jobs data weakened the greenback's technical tone, as questions about the underlying strength of the world's largest economy, and the implications for the Fed's...
The end of a horrendous quarter for equities and emerging markets is generating a sigh of relief that is helping lift those battered markets. The MSCI Emerging Markets Index is up almost 1.75% prior...
The US dollar rose against all the major and emerging market currencies over the past week, save the Russian ruble, which gained about 1.5%. Comments from several Fed officials, and most notably...
1) Reports suggest the PBOC will impose a 20% reserve requirement on financial institutions trading FX forwards 2) The HKMA had to intervene this past week at the strong side (7.75) of the HKD peg 3)...