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Author : Marc Chandler
About Marc Chandler PRO INVESTOR
Head of Global Currency Strategy at Brown Brothers Harriman.
Stories by the author
Turkey’s Refugee Deal and the Deal in Paris Drops Treaty Status
The US dollar remains firm against most of the major currencies to start what promises to be a critical week for investors. There are two main considerations. The first...
Is Seven Your Lucky Number?
The week ahead is among the most important of the year. Rarely is there such a confluence of events in a short period that will have far-reaching implications for...
This Week Will Test Your Mettle
Anticipating a yawning divergence of monetary policy between the world's largest central banks, market participants continued to drive the dollar higher over the past week. In fact, the greenback...
France an Example of Europe’s Governance Challenge
With the ECB poised to take additional steps down the unorthodox monetary policy route, financial and economic forces are as potent as ever. However, there is a subtle shift,...
The Argentine Election, Brazil’s Bad VIPs and China’s Bad Bankers
In the EM equity space, Hungary (+2.3%), Korea (+2.0%), and Malaysia (+1.2%) have outperformed over the last week, while China (-5.8%), Turkey (-5.6%), and Poland (-3.4%) have underperformed. To...
The Market Mulls the Yuan Weight in the SDR as Chinese Equities Slide
The US dollar is firm against the major currencies and nearly all the emerging market currencies as well to close out the week (and month) Participants are clearly focused...
Next Week’s ECB Actions Hold Market Participants’ Interest This Week
The US dollar remains firm, even if it has eased from its seven-month high against the euro and five-year high against the Swiss franc recorded yesterday. The US October...
Yield Premiums Create Cheap Funding and Lucrative Swaps
This Great Graphic was composed on Bloomberg. It shows two time series. The yellow line shows the premium the US pays over Germany for two-year money. The white line...
Fed Presidents’ Status: It’s Complicated
On Monday, the Federal Reserve met to discuss the discount rate. There has been a steady increase in the number of regional Federal Reserve presidents requesting an increase in...
“Priced-in” ECB Actions Could Be Misleading
The divergence of monetary policy is discounted, they argued. Ahead of next week's big events, which include the IMF's SDR decision, the ECB meeting, OPEC meeting, and the US...


