Marc Chandler
Marc Chandler
Marc Chandleris a well known foreign exchange market analyst, writer, speaker, and professor. On August 19, 2009, Bloomberg L.P. published Chandler's first book, Making Sense of the Dollar...
affect balances currency expect movements trade
It's unreasonable to expect currency movements to affect trade balances when you have all these other disequilibria like wages.
turn
There's been a turn in psychology. It has been buy-the-dips. Now it is sell-the-rallies.
beginning coming market percent price rates sentiment shift view
There's been an important shift in market sentiment and that is that the market coming around to what our view has been all along, that rates will go to 5.0 percent by mid-year and the market is beginning to price in 5.25 percent by the end of the year.
political design purpose
Cisco has not and does not design products for the purpose of political censorship.
sacrifice opportunity missing
It's a great opportunity to lower costs without sacrificing quality. If a retailer is not leveraging this capability, they are certainly missing something.
dollar economic fed great lead performance renewed survey taking trajectory understanding
The economic performance is taking on even great significance in the market's understanding of the trajectory of Fed policy. Any disappointment with the Philadelphia Fed Survey could lead to renewed dollar selling.
expecting market month peak rate strong
The market has a strong predisposition to expecting a peak at 4.5 percent, as no month has a 4.75-percent rate completely discounted.
based camp favor march pendulum rate renewed swung
The pendulum has swung back in favor of a March rate hike. The dollar-bull camp is based on the interest-rate differentials. They have really renewed their widening.
bringing closer confirmed delivered demand federal following growth keeping market meeting namely purposely rates reserve seeks statement surprise
The Federal Reserve purposely seeks not to surprise the market. And it delivered no surprise today, keeping rates steady. The statement following the meeting confirmed what the market has suspected, namely that demand is moderating bringing it closer to the economy's growth potential.
against comments euro european helped lows officials push recent several statement
Today's comments are back on messages, noting as several European officials have said in recent days, that the G7 statement was aimed at Asia, not Europe. This has helped push the euro to new five-week lows against the yen.
cut early economic persist quarter rate risk second summer tone weak
Should the weak economic tone persist into early second quarter data, the risk of a summer rate cut increases.