Quotations
Famous Quotations
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Marc Chandler Quotes
«On the one hand, being labeled a foreign exchange manipulator is a toothless policy because it simply requires bilateral talks. Big deal. On the other hand, by citing them the administration demonstrates to an uppity Congress that it is on the case and steals their thunder.»
Author: Marc Chandler
«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.»
Author: Marc Chandler
«There are some people playing the carry trade and there are some people who are momentum players.»
Author: Marc Chandler
«Should the weak economic tone persist into early second quarter data, the risk of a summer rate cut increases.»
Author: Marc Chandler
«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.»
Author: Marc Chandler
«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.»
Author: Marc Chandler
«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.»
Author: Marc Chandler
«If this is an escalation ladder, we're still on the very early rungs.»
Author: Marc Chandler
«It's like they're talking past each other.»
Author: Marc Chandler
«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.»
Author: Marc Chandler