Marc Chandler – Our Currency Expert Weighs In On The USD Breakdown And Moves In US Markets and Gold
Cory
July 14, 2023
Marc Chandler, Managing Partner of Bannockburn Global ForEx joins me to share his thoughts on the breakdown in the USD this week. This move was driven by economic data and the market starting to price in a Fed rate cut before year end. We discuss the moves in other currencies, which ones are outperforming and where Marc sees the most interest. We also outline how the falling USD is helping markets and commodities.
Click here to visit the Marc to Market website to keep up to date with Marc’s market commentary.
Discussion
4 Comments
Jul 15, 2023 15:13 AM
Jul 15, 2023 15:14 AM
Jul 15, 2023 15:16 AM
Jul 15, 2023 15:20 AM
Weekly sell signals abound…
https://stockcharts.com/h-sc/ui?s=UUP&p=W&yr=2&mn=11&dy=0&id=p56553731200&a=1095616510
The dollar is trouble but could have a small bounce soon.
https://stockcharts.com/h-sc/ui?s=%24USD&p=W&yr=7&mn=3&dy=0&id=p83522219172&a=1316751060