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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.
Highlights The US dollar is again being broadly supported by heightened concern that Greece’s debt/deficit issues are soon to reach a climax. The pressure on Greece is clearly spilling over to the other Mediterranean…
BBH CurrencyView: Greece Returns With Vengeance
Highlights The US dollar is enjoying broad gains today as the Greece’s fiscal woes have returned with vengeance. Market News International reports, that have been given some idea of what an IMF program could entail, are now looking…
Dollar Mixed To Start The Week
Highlights The US dollar is mixed to start the week, though market conditions remain thin due to the holiday. The constructive employment report before the weekend has kept the greenback bid against the euro and Swiss franc. …
Jobs Data Determines Whether it is A Good Friday
Asia: Asian equities rallied on improving global growth prospects, with the MSCI Asia-Pacific Index advancing for its 6th consecutive session. The 0.3% rise puts the index at its highest level since mid-Jan. Of note, the…
What to Make of Swiss Franc
The SNB's apparent absence had emboldened the market, which has driven the euro to record lows against the Swiss franc. The SNB had been clear. It was still closely monitoring the Swiss franc even though it acknowledged that at…
Dollar Little Changed, but Sterling and Swiss Franc Strength
Highlights The US dollar is little changed against the major foreign currencies despite robust purchasing manager index reading throughout Europe and Asia. The lack of much of a market reaction could reflect one of two factors. …
BBH Currency View: Consolidative Tone Emerges
Highlights The US dollar has continued the decline that began before the weekend on news of the EU/IMF deal over Greece. However, after testing resistance near $1.3550 in Asia, the euro surrendered its latest gain as the market is…
Long Dollar Liquidation Featured
Highlights The US dollar is beginning the new week as it finished last week, with a heavy tone. Position adjusting in the wake of the European/IMF deal and ahead of month end is the main driver. Also prompting some…
Dollar Lower On Market Adjustments
Highlights The US dollar is broadly lower, though mostly within yesterday’s trading ranges, as the market adjusts positions in light of the European agreement on support for Greece. This is the main market development. However,…
Consolidative Tone Emerges, Times to Catch Your Breath
Marc Chandler is the global head of Brown Brother Harriman’s top ranked Currency Strategy Team. For more of BBH’s currency views, please visit the BBH FX website here. Highlights The US dollar is consolidating yesterday’s outsized…