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.

Markets

Dollar Mixed on Irish Bailout Concerns

Marc Chandler
Highlights The US dollar is on a more solid footing yet continues to consolidate versus the euro as details emerge of a potential Irish bailout.  The uncorroborated rumors of a bailout of Ireland emerged from the G20, narrowing the…
Markets

Dollar Flat, Euro Heavy

Marc Chandler
The US dollar is little changed against most of the major foreign currencies and is mostly firmer against the emerging markets.  The two main exceptions are the euro, which, while holding above yesterday's lows, continues to…
Markets

Euro Erosion

Marc Chandler
Irish woes appear to be the main culprit dragging the euro down to its lowest level since Oct 20.  A break of the $1.3650-80 area could signal another two cent decline in the coming days. The flight into German bunds for safety is…
Markets

Dollar Firm but Sterling Stellar

Marc Chandler
Highlights The US dollar was just about evenly split across the board versus the G10 with large gains versus yen, but largely down versus sterling and CAD.  Meanwhile, the EUR whipsawed between $1.37 and $1.38, and as London came in…
Markets

Dollar Pulls Back After Brief Rally

Marc Chandler
Highlights The US dollar was largely up in Asian session as concerns about debt in the European periphery continued to weigh on markets but sharply reversed course. EUR/USD dropped from $1.3920 to $1.3823 where it subsequently climbed…
Markets

The Dollar – On Script

Marc Chandler
The outcome of the US midterm elections and Federal Reserve Open Market Committee meeting, coupled with the various economic reports, strengthens our base case scenario in which we expect the US dollar to generally trade higher as the 2010…
Markets

Euro’s Anxiety Intensifies

Marc Chandler
Highlights The US dollar strength before and after the payrolls report Friday continued through Monday, apart from a blip in early trading. The euro initially made gains, with EUR/USD up above $1.4080, as local elections in Greece gave…
Markets

Dollar Firmer Ahead of Jobs Report

Marc Chandler
Highlights The US dollar is trading with a firmer tone after selling off subsequent the announcement of QEII and weakening for the past two days.  An unexpected fall in eurozone retails sales added to the downside of the euro. …

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