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.

News

BBH CurrencyView: US Dollar Firm Ahead of ECB Meeting

Marc Chandler May 6, 2010

Highlights The US dollar remains firm against most of the major currencies today as the participants await the ECB meeting, which given the events in Europe, is the most important meeting arguably since 2008. There are three…

Markets

Deflationary Forces in the US and Loan Officer Survey

Marc Chandler May 4, 2010

After the PCE deflator was reported yesterday the Dallas Fed re-jigs it, cutting out strongest and weakest to arrive at a trimmed mean. By its calculations the PCE deflator rose 0.1% at an annualized basis, which is the result of…

News

BBH CurrencyView: Dollar Begins May Firm

Marc Chandler May 3, 2010

Highlights The US dollar is firmer across the board. The deal worked out by Greece and EU/IMF/ECB is helping to ease strains in the European debt market, but does not appear to have dealt a significant blow to those who think that…

News

US Dollar Surrenders Recent Gains on Hope that the Greek Aid Package Will be Activated within Days

Marc Chandler Apr 30, 2010

Highlights The US dollar is surrendering its recent gains against most major and emerging market currencies today amid reports that new substantial Greek savings (24 bln euros) will be sufficient to spur a larger (100-120 bln euro) aid…

News

BBH CurrencyView: US Dollar Softer, Market Takes a Pause

Marc Chandler Apr 29, 2010

Highlights The US dollar is somewhat softer today as the market takes a pause to consider recent developments. News that Fitch reaffirmed its AAA rating for Spain, despite S&P’s move yesterday, and heightened speculation that…

News

Risk of a Haircut Weighs On Euro

Marc Chandler Apr 27, 2010

Highlights The US dollar has recovered from the decline seen in North America yesterday against the major European currencies. The take away from the price action is not however one of consolidation, but rather that good dollar…

News

Bond Markets Suggest Greece Still A Concern, Euro To Remain Soft

Marc Chandler Apr 25, 2010

Highlights The US dollar was mostly softer vs. the majors on news that Greece requested that EU/IMF aid be activated. EUR/USD rose on short-covering rally as a result, and came after it had earlier set a new cycle low at…

Markets

A Swift Proposal for Greece: Guaranteed Samurai?

Marc Chandler Apr 23, 2010

The same day that Moody’s cut Greece’s sovereign rating to A3 from A2, Fitch warned that Japan’s credit rating was threatened by its mounting debt. Yet, ironically, the latter may be a source of funds for the former. Although…

Markets

US Dollar Surrenders Earlier Gains Following Greek Announcement

Marc Chandler Apr 23, 2010

Highlights The US dollar has surrendered earlier gains that pushed the euro lows not seen in nearly a year, just above $1.3200, before reports spurred speculation that Greece will seek to activate the backstop facility. The euro…

Markets

BBH Special FX: Dollar Lifted by Woes in Rest of the World

Marc Chandler Apr 22, 2010

Highlights The US dollar is narrowly mixed today. The euro is heavier following news that Greece and Ireland’s budget deficits were even larger than expected by the EU’s calculations and this is seen as much more important that the…

Previous 1 … 80 81 82 83 84 … 88 Next