by Summary:
Marc attributes Euro strength and dollar weakness to the unwinding of the carry trade. With continued monetary divergence Marc expects the dollar to regain it’s footing into the March ECB meeting. Marc believes there will be no Plaza Accord 2.0 and the Saudi’s will not de-peg from the dollar.
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Marc Chandler considers the following as important:
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Marc attributes Euro strength and dollar weakness to the unwinding of the carry trade. With continued monetary divergence Marc expects the dollar to regain it’s footing into the March ECB meeting. Marc believes there will be no Plaza Accord 2.0 and the Saudi’s will not de-peg from the dollar.
Topics:
Marc Chandler considers the following as important:
This could be interesting, too:
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