Marc Chandler – Weekly Recap Of Currencies, Central Banks, Commodities, And China
November 18, 2022
Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of the Marc To Market website, joins us for a weekly recap of the US Dollar and other key global currencies, central bank policies, movements within the commodities sector, and 3 key themes around China’s economy and potential reopening. Marc mentioned that the 107.50 and then the 108.80-109 level in the USD may be likely resistance areas if the dollar were to rally in the near term, and then provides his technical outlook and macro drivers for the Pound, Euro, Yen, Peso, and Real. We then shift over into the pullback in oil, the ramp up in iron ore, the reversal of copper, and how this all ties into some expectations around the Chinese economy.
Brazilian Real central banks Commodities Copper currencies Energy Sector Euro Fed policy Interest Rates iron Marc Chandler Mexican Peso Oil Pound US dollar US Equity Markets Yen