John Hardy
Head of FX Strategy, Saxo Bank Group
- @johnjhardy
European fixed income very reactive to that #Draghi rhetoric - German Bunds over key 50 basis point area on chart.… https://t.co/PH2dYKn2tB
- @johnjhardy
Draghi out speaking - sees "relatively vigorous pick-up in underlying inflation" #ECB $EURUSD
- @johnjhardy
America's Libor alternative is gaining traction on Wall Street https://t.co/KoV7txpzMx via @markets
- @johnjhardy
Netanyahu expected to deliver new information at UN confab... https://t.co/xGlBBJ3BCy via @ynet
- @johnjhardy
World leaders gather at the UN next week bracing for a crisis they can't quite see https://t.co/S4oQGlLTNY
- @johnjhardy
My thoughts on May's more hard-line pivot here on #Brexit negotiations - has both eyes on Tory party conference nex… https://t.co/r826dbGgDm
- @johnjhardy
UK PM May says EU, UK Long way apart on two big issues...No deal better than a bad deal. #Brexit $GBPUSD $EURGBP
- @johnjhardy
Strong data from Canada - Retail Sales in July up +0.9% MoM ex Autos and all core CPI readings (there are three!) s… https://t.co/igqRHWyC5Z
- @johnjhardy
Good analysis of the #Brexit dilemma HT @ftalphaville for link: https://t.co/raxpmxfdfD $EURGBP $GBPUSD
- @johnjhardy
RT @Ole_S_Hansen: Watch the replay of our 8:45 CET live Morning Call on Facebook which today features @johnjhardy and @Ole_S_Hansen. Focusi…
- @johnjhardy
JPY on possibly explosive trajectory > Today's FX Update https://t.co/NlMpDVVey9 $$ #forex $USDJPY
- @johnjhardy
$EURUSD having a look at a 20-day Donchian break higher but confronting 38.2% Fibo retracement from top. Bulls will… https://t.co/3gCWLXGsRg
- @johnjhardy
#NorgesBank raises 25 basis points as expected - but actually lowers key rate forecast for Q1 next year - and very… https://t.co/6FSHv23ybl
- @johnjhardy
UK PM May said to reject Barnier improved Irish Brexit offer (Times). Ouch GBP - >$EURGBP $GBPUSD #forex
- @johnjhardy
Japan’s massive monetary stimulus can’t go on forever—and a misstep in winding it back could send the economy slidi… https://t.co/qsWhBtUhZQ
- @johnjhardy
Huge UK Aug. CPI surprise - with core coming in hot at +2.1% YoY vs. 1.8% expected and headline at +2.7% vs. 2.4% e… https://t.co/HC9vETowhE
- @johnjhardy
German 10yr Bunds nearing key 50 bps level - one to watch. European yields not laggards lately... $$ #Bunds #forex https://t.co/q618xC8cay
- @johnjhardy
Senior Google scientist resigns over “forfeiture of our values” in China https://t.co/xXz1RbwwzI by @rj_gallagher $… https://t.co/kFZ6RhOlOZ
- @johnjhardy
A first go at doing FX chart talk with our new big rig monitor. Look for more in the future.… https://t.co/Xq1KQp0pqv
- @johnjhardy
Another whipsaw day for $EURUSD, where the focus is now back on 1.1700-1.1800 pivot zone after Friday's red herring… https://t.co/vMwMSu9Kqa
- @johnjhardy
AEP looks at policy response risks in next recession: The next downturn could rival the Great Depression and wipe $… https://t.co/dNlKpcLxEf
- @johnjhardy
RT @Ole_S_Hansen: Replay of our daily Morning Call with @johnjhardy (FX), Kim Cramer (Technical analysis) and @Ole_S_Hansen (Commodities).…
- @johnjhardy
We are heading for a car crash Brexit under Theresa May's Chequers plan https://t.co/81e3wGpqdF via @Telegraph
- @johnjhardy
RT @CNBCnow: BREAKING: Former Trump campaign chairman Paul Manafort agrees to plead guilty in the Special Counsel Mueller probe - filings h…
- @johnjhardy
Russian central bank hikes by 25 basis points - Ruble jumps. CB Governor Nabiullina not cowed by signals from gover… https://t.co/GSzvYlfmeM
- @johnjhardy
RT @Ole_S_Hansen: Today's Saxo Morning Call features @Ole_S_Hansen and @johnjhardy discussing the phenomenal, five-fold rise and nascent fa…
- @johnjhardy
Regarding Aug. -0.2% Swedish CPI - the data series not seasonally adjusted and nearly every year sees a large dip d… https://t.co/rdGBfEmxeu
- @johnjhardy
SEK bulls caught on wrong foot as Swedish Aug. CPI comes in very weak, with both headline and core at -0.2% MoM. Wo… https://t.co/PGiIEyUWVP
- @johnjhardy
@GrantHawkridge @SaxoStrats @Ole_S_Hansen Hi, Grant - Sorry to hear you aren't able to access the program. It is av… https://t.co/lwhHcdmKHi
- @johnjhardy
Agree - she followed up on earlier paper which lay the groundwork for yield curve inversion - this speech far more… https://t.co/0kpCyvZ7zi
- @johnjhardy
My latest FX Update Webinar - full recording here: https://t.co/DQmwNCr1lF . Fairly thorough discussion of #Brexit… https://t.co/q3In1oz1Qd
- @johnjhardy
Gold crushed back nine dollars after poking toward local resistance - amazed at lack of ability to rally. #XAUEUR l… https://t.co/m39LukoVae
- @johnjhardy
Fresh USD shorts hurting a bit as US treasuries largely eliminated the reaction to the one-off CPI dip. $USDX #forex
- @johnjhardy
RT @EconguyRosie: Sharp declines in clothing, wireless, and medical care goods and services made the CPI report less benign than it looks o…
- @johnjhardy
Turkey hikes 1-week repo twice what was expected to 24% from 17.75% rather than merely to 21%. $USDTRY
- @johnjhardy
I am hosting an FX Update webinar in just over an hour at 1130 GMT - sign up here: https://t.co/6oCG39gVym $$ $EURUSD $USDTRY
- @johnjhardy
Turkey's Erdogan: we should cut this high interest rate - hmmm - market looking for a 300 bp hike today... $USDTRY… https://t.co/Qk0OfL5rNx
- @johnjhardy
The next three weeks could be crucial for the future of May’s government and Brexit https://t.co/mfZQE3J2Xs via @bpolitics
- @johnjhardy
Fed’s Brainard says an inverted yield curve won’t get in way of rate hikes https://t.co/JSah1q25ni $$
- @johnjhardy
RT @petergarnry: If one believes in risk-on and stronger SEK sentiment over the next 3-month, then maybe Swedish equities (unhedged) may be…
About John J. Hardy
John Hardy joined Saxo in 2002 and has been Head of FX Strategy since October 2007. He focuses on delivering strategies and analyses in the currency market as defined by fundamentals, changes in macroeconomic themes, and technical developments.
Hardy has won several accolades for his work and was named the most successful 12-month forecaster for 2015 among over 30 of FX Week’s regular contributors. His forex market column is often quoted and he is a regular guest and commentator on television, including CNBC and Bloomberg.
John Hardy joined Saxo in 2002 and has been Head of FX Strategy since October 2007. He focuses on delivering strategies and analyses in the currency market as defined by fundamentals, changes in macroeconomic themes, and technical developments.
Hardy has won several accolades for his work and was named the most successful 12-month forecaster for 2015 among over 30 of FX Week’s regular contributors. His forex market column is often quoted and he is a regular guest and commentator on television, including CNBC and Bloomberg.
Risk sentiment strong despite trade war, rising yields
John Hardy
Head of FX Strategy, Saxo Bank Group
The Saxo Bank Group entities each provide execution-only service and access to Analysis permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Saxo News & Research and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Saxo News & Research is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Saxo News & Research or as a result of the use of the Saxo News & Research. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. Saxo News & Research does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of our trading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws.
Please read our disclaimers:
- Notification on Non-Independent Investment Research (https://www.home.saxo/legal/niird/notification)
- Full disclaimer (https://www.home.saxo/en-gb/legal/disclaimer/saxo-disclaimer)
