marc chandler


Euro Remains Heavy ahead of ECB

The US dollar is broadly firmer though the Antipodean currencies continue to enjoy residual strength.  The Canadian dollar is not being dragged up …

News Stream Improves, ECB Continues to Weigh on Euro

The Reserve Bank of Australia defied expectations and left rates on hold earlier today. This has lifted the Australian dollar back to yesterday’s …

Dollar Mostly Firmer, but Euro Recovers, Yuan Tumbles

The US dollar is firmer to start the week against most of the major currencies.  The euro zone reported less deflation than expected, …

Dollar Heavy, Bonds and Emerging Markets Rally

The dovish take to Fed Chair Yellen’s testimony yesterday has continued to weigh on the dollar and support global bond markets.  Equities are …

Dollar Bid Ahead of Yellen

Amid relatively light news, the US dollar is bid.  The euro is back to the lower end of its range, straddling the $1.

The Dollar Pops To Start Week

The US dollar caught a strong bid to start the week.  The prospects that Yellen will keep the June rate hike in play …

What Is Driving The Dollar?

There is a high degree of uncertainty in the global markets. How deep into negative territory can nominal bond yields fall?

Still Fishing For The Bottom

All that is solid is melting into the air, or that’s how it feels since several central banks in Europe have adopted negative …

8 Points On The Investment Climate And The Dollar

1. The swing in the pendulum of expectations back toward a mid-year Fed rate hike is one of the key developments that will …

Beware Of Greeks Bearing Collateral

The main story today is not that the ECB will no longer (as of February 11) accept Greek government bonds as collateral and …

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