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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 US dollar continues its rally with the largest movements against the euro as the market is clearly disappointed with the rescue package of Ireland. Despite a three year high increase in euro-zone confidence, the euro continues to…
Market Jitters Persist
The US dollar is up across the board as concerns about European peripherals festered and comments from North Korea fanned fears of further escalation on the peninsula. Despite the likely announcement of an €85bln rescue package for Ireland…
Dollar Edges Higher; PBOC Suggests Further Tightening Measures
After an initial dip, the dollar edged higher in the Asian session, along with the yen, though trading ranges were pretty subdued. Comments from People's Bank of China officials suggested the central bank will adopt more measures to rein in…
Waiting on the Irish Four-Year Plan
Highlights The US dollar is mostly lower, giving back most of yesterday’s gains versus the dollar bloc but still up versus the euro amid concerns over the European financial crisis. The euro suffered against a backdrop of protracted euro…
North Korea Shell Attack Stokes Demand For Safe Haven
Highlights The US dollar is higher as the markets seek safe haven after North Korea fired artillery shells at South Korea and the euro zone jitters continue. With the upcoming US holiday dampening volume the euro continued its choppy…
Irish Bailout is Confirmed, Euro Bids Higher
Highlights The US dollar is trading broadly lower as the details of the Irish bailout emerge with Ireland seeking around €95bln in aid. The euro is up versus the greenback after making an early high of $1.378 but subsequent gains were…
Ireland and the US: Depth of Corporate Ties May Be Surprising
Market participants are rightfully focused on the contagion of Ireland within Europe. However, the depth of US corporate ties to Ireland may surprise many investors. The value-added of majority owned affiliates of US companies…
Europe: Things Must Change to Remain the Same
The U.S. dollar declined in September and October as the market priced in the likelihood that the Federal Reserve would resume buying Treasuries. From late August through the actual QEII announcement itself, the dollar declined about 7.6%…
Dollar Ends Week on a Whimper
Highlights The US dollar is broadly lower in anticipation of a joint aid package for Ireland but experienced a quick jolt on the back of the China reserve hike news. But as the markets digested the news, the hike in reserves is…
BBH Weekly FXView: Rollover Roulette Stops on Ireland
US Economic data continues to be mixed, with positive ticks in the jobless claims but weak-than-expected inflation and a surge in November’s Philly Fed. In fact, Wednesday’s core inflation measures were the weakest print since 1958,…