The dollar’s share in global foreign- exchange reserves probably rose in the first quarter amid a slumping euro and better prospects for U.S. growth, Brown Brothers Harriman & Co. said.
The euro may fall below $1.20 for the first time in almost two years as concern that Spain is struggling with its finances adds to bets Europe’s debt crisis will worsen, Brown Brothers Harriman & Co.’s Marc Chandler said.
"It sets up a dangerous scene for next year."
- Marc Chandler on Nov 05, 2014
The Bloomberg Advantage: Chandler, Whalen, Naughton
Bloomberg Surveillance: Levitt, Taback, Chandler, Murphy
Bloomberg Surveillance: Chandler and Arvedlund
The Hays Advantage: Chandler, Sweeney and Bradley
Brown Brothers’s Chandler Sees Japan Stabilizing