Marc Chandler

Check it out. My new book: Political Economy of Tomorrow Now available on Amazon: amazon.com/dp/0692824294/… Don't wait for the movie.

@SpecialSitsNews Assuming story is true, how does Japan paying RMB to Iran impact the USD reserve status?

The reason why Iran is letting Japan use the Strait of Hormuz is because it has agreed to pay for the oil in yuan, diminishing the strength of the petrodollar and the US as a reserve currency. Iran is negotiating the same deal with 8 other countries... $USO $UCO $BNO $XLE

Week Ahead: The War and Anticipated Policy Responses Drive the Capital Markets: There are two main drivers in the foreign exchange market: war and the anticipated monetary policy response. May WTI peaked on March 9 near $113.40. Last week, the average… marctomarket.com/2026/03/week-a…

New weekly commentary here: marctomarket.com/2026/03/week-a… War and market speculation of the policy response ripples through the capital markets. Central paradox: Markets seem optimistic about duration of war but sees many central banks being extremely aggressive.

Marc Chandler (@BannockburnCM, @marcmakingsense) - Markets Are Now Pricing In Rate Hikes: Outlook For USD, US Markets and Precious Metals Listen now: youtu.be/hz1P_nVNZgU Key themes: 🔹 Central Bank Hawkishness: Fed, ECB, & BoE shifts 🔹 $SPX Technicals: Is the bottom in? 🔹 $GOLD vs. Rates: Why precious metals are feeling the heat 🔹 The "Fog of War": Managing geopolitical risk #Investing #Forex #Gold #StockMarket #Fed #MacroEconomy

On Monday, March 23rd, @marcmakingsense will be joining the FACE show. When talking about currencies, and the short and long term effects on the US Dollar and the FX world with the ongoing war in Iran, marc is one of the best guests to bring on the show. Come join us on the FACE show at 8:30AM ET for Marc's interview, link to join below: forexanalytix.zoom.us/webinar/regist… @SteliosConto @Vulgi @forexflowlive @KVanderschrick @GrasshopperNick

USD Comes Back Bid after Yesterday's Exaggerated Slide: The market seemed to overreact to the central bank meetings this week. The market heard Fed Chair Powell as more hawkish than the FOMC statement and took the dollar sharply higher. Yesterday, it… dlvr.it/TRbsJ6

PBOC set the $USD fix today at its lowest level since April 2023. Since the war began, $CNY is the fourth best EM currency, trailing HKD and two high yielders in Latam. YTD, CNY it has only been bested by $MYR in the region, and 3 Latam currencies. marctomarket.com

USD Comes Back Bid after Yesterday's Exaggerated Slide: The market seemed to overreact to the central bank meetings this week. The market heard Fed Chair Powell as more hawkish than the FOMC statement and took the dollar sharply higher. Yesterday, it… marctomarket.com/2026/03/usd-co…

$USD was bought aggressively on a hawkish read of Powell's press conference on Wed and was sold harder yesterday in what seems to be an overreaction to the ECB and BOE. It has come back bid. Who wants to be short ahead of the unknowns of the weekend? marctomarket.com/2026/03/usd-co…

The swaps mkt discounted slightly more than BOE 3 hikes this year. Surely that is exaggerated. The mkt has 70 bp of ECB hikes discounted. Despite the hawks trying to outflank Lagarde's moderate tone, that too seems a bit rich. See marctomarket.com/2026/03/usd-co…

Limited Follow-Through Dollar Today After Yesterday's Surge: The US dollar rallied strongly during the Federal Reserve’s press conference yesterday as rates jumped in response to what was widely seen as a hawkish hold, especially given Chair Powell’s… dlvr.it/TRZqbf

The US 10yr yield is up about 35 bp since the start of the war and the 2yr yield is up about 43 bp. The 2yr break even is up 57 bp to 3.38% and the 10yr breakeven is up 17 bp to almost 2.43%. Today's analysis at marctomarket.com/2026/03/limite…

"Limited Follow-Through Dollar Today After Yesterday’s Surge" Today's market commentary by the always excellent Marc Chandler @marcmakingsense of Bannockburn Capital Markets. Link here: tradersummit.net/limited-follow… #Markets #Analysis #Trading #Dollar #MarcChandler #TradersSummit

$USD surged yesterday during the Fed's press conference. Follow-through buying has been limited today. BOJ, SNB, & Riksbank stood pat. BOE and ECB next but will also hold steady. War rages, and Brent made new highs, while May WTI is little changed. marctomarket.com/2026/03/limite…

Limited Follow-Through Dollar Today After Yesterday's Surge: The US dollar rallied strongly during the Federal Reserve’s press conference yesterday as rates jumped in response to what was widely seen as a hawkish hold, especially given Chair Powell’s… marctomarket.com/2026/03/limite…