Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Author
Marc Chandler 872 posts 0 comments
Marc Chandler joined Brown Brothers Harriman in October 2005 as the global head of currency strategy. Previously he was the chief currency strategist for HSBC Bank USA and Mellon Bank. In addition to frequently providing insight into the developments of the day to newspapers and news wires, Chandler's essays have been published in the Financial Times, Barron's, Euromoney, Corporate Finance, and Foreign Affairs. Marc appears often on business television and is a regular guest on CNBC and writes a blog called Marc to Market. Follow him on twitter.
The situation needless to say is very fluid and although the euro has stabilized, the threat to euro area stability is clearly evident in the debt markets where Italy's 10-year yields has soared 32 bp and the spread over Germany has widened…
Ten things that should be on your radar screen this week
Here are 10 items that investors will be watching this week.
Why Moody’s downgrade of UK sovereign debt is meaningless
Moody's took away the UK's triple A rating late Friday. A ratings downgrade has long been rumored, and although the timing is always surprising, the move itself has long been anticipated. Sterling slumped on the news in thin dealings,…
US Dollar Pushing Through Trendline vs Canadian Dollar
This Great Graphic, created on Bloomberg, shows the US dollar is threatening to move above a trendline against the Canadian dollar drop off the 2011 and 2012 highs. The proximate cause is the dismal retail sales report., which collapsed…
Italian Elections: Uncertainty to Linger
The best chances of balancing a strong government with a reform agenda also looks the most likely. It is the center-left winning the Chamber of Deputies and then forming a coalition with Monti's centrists to secure a majority in the…
Dramatic currency falls against US dollar
Serious technical damage on the foreign currencies is being inflicted. The euro is falling through the uptrend drawn off last July (Draghi-induced) lows. It comes in just below $1.3200 today. The next technical target is near…
Sterling pounded by dovish MPC
Sterling is has eclipsed the yen as the main focus in the foreign exchange market. The surprising news that has kicked it to fresh multi-month low was that the BOE is closer to easing policy than has been suspected. While it was a unanimous…
G-20: Important, but not how you think
The focus on currency wars distracts from other and arguably more important issues. Much of coverage of the G20 statement focused on the foreign exchange market, but has missed what is likely an even more important story. The G20 have…
France: The Coming Push
Many investors understandably have not focused on France. The threat of scandal in Spain, the need for yet another round of government support for Italy's third largest bank and the country's upcoming election have commanded attention. What…
The Causes and Consequences of Currency Wars
The synchronized crisis and economic weakness has produced synchronized easing of monetary policy. Officials typically want currency to be supporting not contradicting monetary policy signals.