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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After Limited Follow-Through Selling, The Dollar Has Come Back Bid
Three of the G10 currencies rose by more than 1% against the US dollar yesterday after the softer inflation and weak retail sales readings. The Dollar Index lost almost 0.65% yesterday, the most this year.
Will USD Be Bought On The Fact After Being Sold On Expectations Of A Softer CPI?
The dollar is trading heavily against the G10 currencies and most of the currencies from emerging markets.
Powell, PPI, And US Tariff Announcement On China Featured
The tone in the foreign exchange market today is mostly consolidative.
Consolidative Tone To Start The Week
The new week has begun off quietly. The dollar is in narrow ranges against the G10 currencies, +/- 0.15% as the North American market prepares to open.
Riksbank Cuts, Oil Slips, And The Yen Remains Under Pressure
Sweden's Riksbank became the second G10 central bank to cut rates this year. The Swiss National Bank cut its deposit rate in March.
May 2024 Monthly
The resilience of the US economy and stickiness of price pressures spurred a reassessment of the trajectory of Fed policy. This sparked a sharp rise in US interest rates and extended the dollar’s advance.
Dollar Is Softer Ahead Of The Employment Report
The greenback is trading with a softer bias ahead of the US jobs report. Solid, even if not spectacular job growth, is expected. However, recent survey data warns of the downside risks.
Japan Drives Home Message
The US Dollar is mixed, but the spotlight is on the yen. It appears that with the market challenging Monday's intervention, Japanese officials entered the market shortly after the US equity market closed and sold dollars again.
May Day Fed Day
Much of Asia and Europe are off for the May Day labor holiday. The dollar is mostly softer in the thin activity. However, the dollar has edged higher against the yen to approached JPY158.
Yen Dumps Before It Jumps
The FOMC meeting, the US employment report, and eurozone CPI were to be the highlights of the week, but the Japanese yen stole the march to start the week.
Week Ahead: FOMC, US Jobs, EMU Inflation, JPY Pressure
The backing up of US rates did not broadly lift the dollar as it appeared to have done previously. The dollar-bloc currencies, led by the Australian dollar, advanced last week, while the Swiss franc and Japanese yen were unable to find traction.
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.
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