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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.

News

Euro Losses Accelerate As Germany Bans Some Short-selling

Marc Chandler May 18, 2010

Highlights The US dollar was stronger vs. the majors, as the euro was unable to hang on to its recent gains above 1.24. Euro selling accelerated after news of German regulator BaFin banning some short sales (see below). Euro…

News

BBH CurrencyView: Euro Recovers, Good Selling Opportunity

Marc Chandler May 18, 2010

Highlights The euro has recovered from yday’s low, but the risk remains strongly tilted to the downside and so this is a good selling opportunity (see below). The EU Fin. ministers have disbursed the first tranche of loans to Greece…

News

Euro Weakness Intensifies

Marc Chandler May 17, 2010

Highlights Euro weakness intensifies as we start the week, risk-off trades dominate and the US dollar and the yen are the winners in the current context, still. There was no fresh ‘bad news’ from the EZ, but sentiment is extremely poor,…

News

BBH CurrencyView: Risk Off Trade Back On, Euro In No Win Situation

Marc Chandler May 14, 2010

Highlights The risk off trade is back on and the US dollar and yen are bid while the euro is in a no win situation at this point. There are renewed concerns over the situation in Dubai (ahead of Dubai holdings’ next repayments) and China…

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BBH CurrencyView: Calmer Market Has Returned, US Dollar Is Mixed

Marc Chandler May 13, 2010

Highlights A calmer market environment has returned and the US dollar is mixed. Talks of renewed problem in Dubai may help dollar bulls in the US session though. Attention has (for now anyway) moved away from the euro debt crisis onto the…

News

Post EU/IMF Euphoria Continues to Recede but Market Stays Calm

Marc Chandler May 12, 2010

Highlights The post EU/IMF bailout out euphoria continues to wind down and this means that the US dollar and the yen are in solid shape. The euro has eased back to pre-weekend levels, trading closer to the $1.2650 mark by late euro session…

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Dollar and Yen Are Back In Vogue As Exuberance On Europe Wears Off

Marc Chandler May 11, 2010

Highlights The US dollar and the yen are back in black today, as the markets are expressing doubts that the weekend EU/IMF plan will be successful in preventing eventual debt restructuring for Greece and the other peripherals. While…

News

BBH CurrencyView: Euro Stabilisation Programme a Relief, for now

Marc Chandler May 10, 2010

Highlights The US dollar and the yen are weaker across the board as the global market digest this weekend European Stabilisation Programme (see below). The scandies were the strongest performers in the G10 world (with the SEK and NOK up…

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BBH CurrencyView: High Anxiety (Remains)

Marc Chandler May 7, 2010

Highlights The US dollar is broadly mixed in still volatile market conditions. The euro has been boosted by indications of a G7 conference call. Sterling has been punished in the wake of the indecisive electoral outcome. …

News

BBH CurrencyView: Greek Jitters Hit All Markets, Boost Dollar And Yen

Marc Chandler May 6, 2010

Highlights The US dollar was stronger vs. the majors as pessimism with regards to Greece intensified yet again after Trichet and ECB offered little in the way of euro support (see below). Risk off trading picked too late in the day…

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