40 Quotes by Marc Chandler

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

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

We're still consolidating in a broad trading range.

There are some people playing the carry trade and there are some people who are momentum players.

We've seen speculators try to get out of short yen positions, which were at record levels.

Sentiment will swing back in favor of a Federal Reserve rate hike in August if June retail sales rebound.

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

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

My sense is we're basically moving sideways. All we did today is chop around.