Marc Chandler | TalkMarkets | Page 144
Political Economist
Marc Chandler has been covering the global capital markets in one fashion or another for more than 25 years, working at economic consulting firms and global investment banks. Chandler attended North Central College for undergraduate work, where he majored in political science and the humanities. ...more

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Can The Market Get More Dollar Negative?
The dollar is as unloved as it has been in years. It is off to its worst start since 1987, when the central banks began trying to stabilize it after the Plaza Agreement in September 1985 driven the dollar lower.
Emerging Markets: What Changed - Friday, Jan. 26
Argentina’s central bank surprised markets with its second straight 75 bp rate cut. The move is questionable given that inflation picked up to 25% in December.
Trump-Inspired Dollar Short Squeeze Fades Quickly
Following the BOJ and ECB's rather mild rebuke of dollar's depreciation, US President Trump cautioned that his Treasury Secretary comments were taken out of context, and in ant event, he, the President ultimately favored a strong dollar.
Initial Thoughts On Draghi
ECB President Draghi was unable to arrest the US dollar's slide and euro's surge. But he did not try particularly hard.
And Now, A Word From Draghi
Draghi's overall message is unlikely to change much from last month. Inflation is expected to continue to rise gradually, and the risks to growth a broadly balanced.
Did Mnuchin Signal A Policy Shift Today?
Did US Treasury Secretary Mnuchin signal a change in the US dollar policy? Probably not.
Dollar Takes Another Leg Lower
North American session sold into the dollar's upticks and Asia followed suit, taking the greenback to new multi-year lows against the euro and sterling while pushing it below the JPY110 level for the first time since last September.
Dollar Bears Tighten Their Grip
The consolidation/correction in the US dollar that we anticipated on technical grounds was brief and shallow. A series of developments seemed to play into the bears' hands.
Emerging Markets: Preview Of The Week Ahead - Jan. 14
EM FX continues to rally as the dollar remains on its back foot. With no obvious drivers this week that might help the dollar, we believe EM FX can extend the recent gains.
Drivers And Views
It's not easy to recall another week in which there were so many potential changes to the broad investment climate. The relatively light economic calendar in the week ahead may allow investors to think about some of those developments.
Capital Markets Calmer, Greenback Consolidates
As market participants were just getting their sea legs back after the start of the year, it was hit by a one-two punch of ideas that BOJ policy was turning less accommodative and that the Chinese were wary of adding to their Treasury holdings.
China And US Treasuries
As the US Treasury market was consolidating yesterday's 7.5 basis point jump in 10-year yields when Bloomberg's headline hit. Yields rose quickly to test 2.60%, the dollar moved lower.
Yen Short Squeeze Extended
Sparked by fears that the BOJ took a step toward the monetary exit by reducing the amount of long-term bonds it is buying, there is an apparent scramble to cover previously sold yen positions.
Is The BOJ Tapering?
The G3 central banks are in flux. The Federal Reserve is gradually raising rates and allowing the balance sheet to shrink by not fully reinvesting the maturing proceeds.
Dollar Correction Extended
The US dollar's upside correction that began before the weekend has been extended in Asia and Europe today.
Dollar Posts Modest Uptick To Start The New Week
The US dollar is enjoying modest but broad-based gains after trading firmly at the end of last week despite the slightly disappointing jobs report. The dollar's upticks are understood to be corrective in nature.
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