22 Total Quotes

Marc Chandler Quotes

The market is having second thoughts about the need for further Federal Reserve rate hikes following Friday's weak employment report.
Marc Chandler Permalink
#Employment

There are some people playing the carry trade and there are some people who are momentum players.
Marc Chandler Permalink
#People

That's the way the market is viewing that. But I'm not sure that it effect money supply.
Marc Chandler Permalink
#Money

On the fringes of the market, there is beginning to be some talk of the possibility that the Bank of Japan intervenes to sell U.S. dollars. While possible, the probability seems low at the present.
Marc Chandler Permalink
#Beginning

Sentiment will swing back in favor of a Federal Reserve rate hike in August if June retail sales rebound.
Marc Chandler Permalink
#Sales

It took me by surprise.
Marc Chandler Permalink
#Surprise

I'd say hedging has nothing to do with what we've seen in the trade data.
Marc Chandler Permalink
#Trade

The currency markets are particularly sensitive to this kind of news. Partly because when you buy a stock or buy a bond, you are buying a claim on a future earnings stream, some kind of money's coming to you in the future. When you buy a currency, you're buying confidence in a government.
Marc Chandler Permalink
#News

There's been a turn in psychology. It has been buy-the-dips. Now it is sell-the-rallies.
Marc Chandler Permalink
#Psychology

The data is stronger-than-expected ... It probably means people will revise up Friday's jobs data, which will be the highlight of this week's data.
Marc Chandler Permalink
#Jobs

The initial reaction to the budget was kind of blasé.
Marc Chandler Permalink
#Budget

It's unreasonable to expect currency movements to affect trade balances when you have all these other disequilibria like wages.
Marc Chandler Permalink
#Trade

Through this tightening cycle the market has looked at every opportunity to say the Fed is done. The Fed is not done until the market gets ahead of the Fed and it is not there yet.
Marc Chandler Permalink
#Opportunity

Factory orders don't really move the foreign exchange markets. But the underlying signal is that the U.S. economy is growing robustly, looking to 4.5 percent growth in the first quarter.
Marc Chandler Permalink
#Economy

Should the weak economic tone persist into early second quarter data, the risk of a summer rate cut increases.
Marc Chandler Permalink
#Risk

The market is pricing in a lot of good news for Europe and is not fully appreciating the good news we have for the U.S. The psychology is getting ahead of the fundamentals.
Marc Chandler Permalink
#News

Any disappointment with the Philadelphia Fed Survey could lead to renewed dollar selling. A weak number would confirm the earlier survey and suggest a downside bias in the next ISM manufacturing report.
Marc Chandler Permalink
#Disappointment

The economic performance is taking on even great significance in the market's understanding of the trajectory of Fed policy. Any disappointment with the Philadelphia Fed Survey could lead to renewed dollar selling.
Marc Chandler Permalink
#Performance

It's like they're talking past each other.
Marc Chandler Permalink
#Past

The data shows that the housing market is not falling off the edge of a cliff, and the consumer confidence numbers are also better than expected so we're seeing a knee-jerk rise in the dollar.
Marc Chandler Permalink
#Confidence

Although its reserves are meager ($4.5 billion), it is part of the steady stream of such news.
Marc Chandler Permalink
#News

The initial reaction to the budget was kind of blasŽ.
Marc Chandler Permalink
#Budget