Marc Chandler Quotations

Ultimately, it is not the size of intervention that matters, but the timing of the move to finesse the market.

Coordinated intervention, including Japan intervening on the euro against the yen for the first time, would be the best thing that could happen for the euro.

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

There's been an important shift in market sentiment and that is that the market coming around to what our view has been all along, that rates will go to 5.0 percent by mid-year and the market is beginning to price in 5.25 percent by the end of the year.

Now they are less than 50 percent confident that there will be any rise.

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

The market has a strong predisposition to expecting a peak at 4.5 percent, as no month has a 4.75-percent rate completely discounted.

Demeaning is in the eye of the beholder.

We're still trading sideways until we hit 108 yen.

We're still consolidating in a broad trading range.