Marc Chandler | TalkMarkets | Page 1
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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Where We Stand - Friday, April 12
The continued robust US jobs growth (276k average in Q1 24 and 251k average in 2023) and above-trend growth allow the Federal Reserve to remain focused on inflation.
Dollar Consolidates But Adjustment Is Not Over
Higher-than-expected US CPI for the third consecutive month drove US interest rates sharply higher and lifted the greenback broadly.
US CPI, New Security Initiatives With Tokyo And Manila, Bank Of Canada Meeting
The dollar has been confined to narrow ranges ahead of the US CPI report. Given the backup of US rates and the stronger-than-expected jobs growth, the greenback's performance has been unimpressive.
Dollar Consolidates Softer Ahead Of Tomorrow's CPI
The dollar is trading with a softer bias in mostly narrow ranges against the G10 currencies. It did not rally much ahead of the US jobs data, and it was not able to sustain the upside momentum afterwards, despite the jump in US yields.
Will The Market Push The Dollar Above JPY152 As Japanese Prime Minister Heads To The U.S.?
The jump in US rates after the employment report failed to ignite a sustained rally in the dollar and this shaken the market's near-term confidence.
Week Ahead: Strong US Jobs Data Failed To Sustain Dollar Rally, Can The March CPI Do Better?
The March US employment data were stronger than expected and lend support to the re-acceleration hypothesis and an extension of US exceptionalism.
US Employment Data To Set Dollar's Course
The focus is squarely on the US employment report. At the risk of oversimplifying, given the position adjustment in the past 48 hours, a solid report can see the greenback recover.
Greenback Losses Extended, But Look For Consolidation In North America
The softer-than-expected ISM services report caught the market leaning the wrong way. Although interest rates had a muted reaction, the dollar was sold.
Rate Adjustment Underpins Greenback
The adjustment to US interest rates continues and this helps underpin the US dollar.
Gold, Oil, And Interest Rates Rise
The market put more weight on the rise in the US ISM manufacturing survey than the downward revision to the manufacturing PMI and the unexpected back-to-back decline in construction spending.
China PMI Is Better Than Expected But The Greenback Still Rises Above CNY 7.23
The dollar is trading quietly against the G10 currencies as European markets remain on holiday. Narrow ranges have prevailed. The dollar-bloc currencies are leading with minor gains, perhaps helped on the margins by better-than-expected Chinese PMI.
April 2024 Monthly
The macroeconomic and geopolitical developments have not changed substantially over the past month. The resilience of the US economy allows the Federal Reserve to put more emphasis on achieving price stability.
Waller Pushes On Open Door: Push For Patience Lifts The Dollar, Complicating Japanese Efforts
Comments by Fed Governor Waller, urging patience on rates and wanting more evidence that price pressures are moderating have helped the greenback extend its recent gains.
Heightened Threat Of Japanese Intervention Pushes Greenback Away From JPY152
The dollar neared JPY152, setting a new 34-year high. This appeared to spur a senior official meeting in Tokyo, ostensibly to talk about the response.
Dollar's Recent Gains Pared But Firm Undertone Remains Intact
After surging last week, the dollar consolidated yesterday and is continuing to do so today at slightly lower levels.
Greenback Consolidates Last Week's Surge
After surging at the end of last week, the dollar is consolidating today.
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