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

Let’s Get Serious About the Loonie

Marc Chandler
The Bank of Canada's statement yesterday, where it dropped it conditional promise about keeping rates steady and raised this year's growth outlook triggered new Canadian dollar buying.  We too have been bullish the Canadian dollar.…
Markets

European News Lifts Dollar

Marc Chandler
Highlights        The US dollar is mostly higher today, but the drivers are elsewhere.  Greek talks with the EU/ECB/IMF are beginning, but they look to continue for a couple of weeks.  It seems…
Markets

Canadian Dollar Setback

Marc Chandler
Falling commodity prices amid general position adjustment in the foreign exchange market is weighing on the Canadian dollar today. The Loonie is trading at its lowest level since late March.  The near-term risk seems to extend toward…
Markets

Dollar Correction May Not Be Over

Marc Chandler
Highlights The US dollar is consolidating yesterday’s decline and has largely been confined to narrow trading ranges.   With the Greek bill auction behind it, the market may lack a clear focus, but sentiment towards the euro…
Markets

It’s All Greek to Me

Marc Chandler
Highlights The US dollar is broadly mixed today.  Details of the funding facility for Greece have spurred strong gains in the euro, lifting European currencies in general.  However, the greenback is holding its own against the…
Markets

Dollar Pares Week’s Gains

Marc Chandler
Highlights The US dollar has been softening since yesterday in the European morning.  There has been follow through in euro buying today after the year’s low was successfully tested yesterday.   However, despite…

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