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Marc Chandler Quotes
«It took me by surprise.»
Author: Marc Chandler
«Once we got through an important technical level that triggered a lot of stops. We went through the level that the technicians thought was a bottom.»
Author: Marc Chandler
«We've seen speculators try to get out of short yen positions, which were at record levels.»
Author: Marc Chandler
«I'd say hedging has nothing to do with what we've seen in the trade data.»
Author: Marc Chandler
«We're still consolidating in a broad trading range.»
Author: Marc Chandler
«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.»
Author: Marc Chandler
«The immediate economic implications are not good.»
Author: Marc Chandler
«We still don't know how many more rate hikes there are in the cycle and the minutes don't really shed light on that. But rate hike increases are probably not large.»
Author: Marc Chandler
«There's been a turn in psychology. It has been buy-the-dips. Now it is sell-the-rallies.»
Author: Marc Chandler
«The push the dollar is getting is partly on the back of stronger-than-expected housing data. It's not just that housing starts are up. Permits were expected to fall.»
Author: Marc Chandler