Marc Chandler Quotes

Marc Chandler


“Today's comments are back on messages, noting as several European officials have said in recent days, that the G7 statement was aimed at Asia, not Europe. This has helped push the euro to new five-week lows against the yen.”

Marc Chandler


“The push the dollar is getting is partly on the back of stronger-than-expected housing data. It's not just that housing starts are up. Permits were expected to fall.”

Marc Chandler


“We're still consolidating in a broad trading range.”

Marc Chandler


“The immediate economic implications are not good.”

Marc Chandler


“It does appear that they used the trip to provide cover for delaying a full vote on their bill which would impose a 27.5% tax on all imports from China if it did not allow the yuan to appreciate significantly with six months of passage of the bill.”

Marc Chandler


“Companies are not helpless in fluctuating currencies. But if you listen to these U.S. companies, you only hear about it when the currency situation hurts them, never when it helps them. I'll listen to these excuses when they acknowledge that this stuff cuts both ways.”

Marc Chandler


“The initial reaction to the budget was kind of blasé.”

Marc Chandler


“The pendulum has swung back in favor of a March rate hike. The dollar-bull camp is based on the interest-rate differentials. They have really renewed their widening.”

Marc Chandler


“Once we got through an important technical level that triggered a lot of stops. We went through the level that the technicians thought was a bottom.”

Marc Chandler


“The market is having second thoughts about the need for further Federal Reserve rate hikes following Friday's weak employment report.”

Marc Chandler


“On the one hand, being labeled a foreign exchange manipulator is a toothless policy because it simply requires bilateral talks. Big deal. On the other hand, by citing them the administration demonstrates to an uppity Congress that it is on the case and steals their thunder.”

Marc Chandler


“With the ECB out of the way and now the job data out of the way, we're in for another good dollar run.”

Marc Chandler


“There's no evidence that foreigners are tiring of US assets. The US trade deficit is more than being financed by foreign investment. This continues to underpin the dollar.”

Marc Chandler


“There's no evidence that foreigners are tiring of U.S. assets. This continues to underpin the dollar.”

Marc Chandler


“It took me by surprise.”

Marc Chandler