Marc Chandler | TalkMarkets | Page 2
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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Week Ahead: Enthusiasm For The Dollar Rekindled
Last week will be remembered for several things. First, the Bank of Japan lifted its interest rate target for the first time in 17 years and formally ended its Yield Curve Control and ceased buying ETFs.
CNY7.20 Gives Way As Strong Greenback Proves Too Much
For the first time since last November, the US dollar has risen above CNY7.20 and continued to rise toward CNY7.23.
Market Hears A Dovish Fed And Sells The Greenback
The Federal Reserve triggered a dollar sell-off yesterday and follow-through selling was seen in Asia before profit-taking emerged. That created a new dollar selling opportunity in early European turnover.
Dollar Extends Gains Against The Yen But Broadly Firmer Ahead Of The FOMC
The US dollar remains bid ahead of the outcome of today's FOMC meeting. No change in policy is expected, but the forward guidance, partly delivered in the updated projections, is the focus.
Greenback Surges After BOJ Hikes And Ends YCC And RBA Delivers A Dovish Hold
The US dollar is surging today against most of the G10 currencies, and although the intraday momentum is stretched ahead of start of the North American session, there may be little incentive to resist before the end of the FOMC meeting tomorrow.
Speculation Of A BOJ Move Tomorrow Did Not Stop The Nikkei From Rallying Or Yen From Slipping
The US dollar is trading with a mostly softer bias against the G10 currencies. The notable exceptions are the Japanese yen and Swiss franc.
Week Ahead: Central Banks
There has been a dramatic adjustment to US rates. The two-year yield was near 4.40% before the US employment report on March 8 and it reached near 4.73% before the weekend.
Euro's Recovery To $1.09 Looks Vulnerable While Yen Falls To New Lows
Despite heightened speculation that the Bank of Japan could hike rates as early as next week and strong wage gains for employees at large companies, the yen is off by more than 1% this week and trading recorded a six-day low today.
Strong US Retail Sales May Help Extend The Dollar's Recovery
We have put emphasis on today's US retail sales report. A recovery from the weather-induced weakness in January should underscore the resilience of US demand after another 200k jobs were created and personal income jumped 1%.
Consolidation Featured Ahead Of Tomorrow's US Retail Sales And Friday's Japanese Wage News
The dollar broadly is consolidating in narrow ranges thus far today in quiet turnover.
Ueda's Comments Weigh On Yen As The Market Awaits US CPI
The US CPI has become one of the most important high-frequency economic reports for the capital markets.
Japan's Q4 23 Contraction Revised Away, Helping Keep Yen Bid
News that the Japanese economy expanded rather than contracted in Q4 23 has fanned expectations that rates could be as early as next week. This is helping keep the yen supported, though it remains in the pre-weekend range, albeit barely.
Week Ahead: Will Firm Headline US CPI And A Recovery In Retail Sales Help The Dollar Recover?
When everything was said and done last week, the market did not change its mind. There was still a better than 90% chance that the Federal Reserve delivers its first rate cut in June.
Forex Becalmed With The Greenback Mostly Firmer In Narrow Ranges
Outside of the Australian and New Zealand dollars, which are off by 0.20%-0.25%, the other G10 currencies are little changed and mostly softer in narrow ranges.
Narrowly Mixed Dollar To Start The Big Week For Europe And North America
The drop in US rates, the risk-on that saw the S&P 500 reach a new record high, and the broad dollar pullback ahead of the weekend failed to drive it below the previous day's range against the Canadian dollar (~CAD1.3540). 
March 2024 Monthly
Rarely are officials able to achieve an economic soft-landing when higher interest rates help cool price pressures without triggering a rise in unemployment or a contraction. Yet, the Federal Reserve's confidence that this will be achieved has risen.
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