Marc Chandler Quotes
On the fringes of the market, there is beginning to be some talk of the possibility that the Bank of Japan intervenes to sell U.S. dollars. While possible, the probability seems low at the present. 
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Fringes | Market | Beginning | Talk | Possibility |
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Companies are not helpless in fluctuating currencies. But if you listen to these U.S. companies, you only hear about it when the currency situation hurts them, never when it helps them. I'll listen to these excuses when they acknowledge that this stuff cuts both ways.
- Marc Chandler
The currency markets are particularly sensitive to this kind of news. Partly because when you buy a stock or buy a bond, you are buying a claim on a future earnings stream, some kind of money's coming to you in the future. When you buy a currency, you're buying confidence in a government.
- Marc Chandler