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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider.
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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX, or any of our other products work and whether you can afford to take the high risk of losing your money.
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Picture of John Hardy
Picture of John Hardy
Saxo Bank

John J. Hardy

Global Head of Macro Strategy

Global Head of Macro Strategy John J. Hardy, CFA, has been with Saxo since 2002, most of that time as Head of FX Strategy. A native of Houston, Texas, and graduate of the University of Texas at Austin, John focuses chiefly on the thematic narratives that are driving financial markets on timeframes from day-to-day to a few months ahead, even as he is aware of the grand sweep of market history from recent decades to past millennia. John has appeared in the major financial television and print media and is sought out for his often pointed and out of consensus views on how currency, interest rate and other markets will shape up, particularly when the market narrative is getting ahead of itself or is at risk of a surprise.

Picture of John Hardy
Forex

Euro getting crushed here, could be more to come.

John J. Hardy

Global Head of Macro Strategy

Forex

EUR reverses initial strength after EU and US strike a trade deal

John J. Hardy

Global Head of Macro Strategy

Forex

Monumental week ahead for status on JPY, Trump tariffs, US jobs.

John J. Hardy

Global Head of Macro Strategy

Forex

Three critical issues for the US dollar over the next week.

John J. Hardy

Global Head of Macro Strategy

Quarterly Outlook

Q3 Macro Outlook: Less chaos, and hopefully a bit more clarity

John J. Hardy

Global Head of Macro Strategy

Forex

USD limping into quarter end, bears in control.

John J. Hardy

Global Head of Macro Strategy

Forex

Lame duck Powell speculation hammers USD further

John J. Hardy

Global Head of Macro Strategy

Forex

USD bear returns with a vengeance.

John J. Hardy

Global Head of Macro Strategy

Highlighted articles

Webinar: the FX Outlook from here and Mastering FX

John J. Hardy

Global Head of Macro Strategy

Forex

FOMC gives dollar a minor bump, SNB opts for smaller cut.

John J. Hardy

Global Head of Macro Strategy

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None of the information provided on this website constitutes an offer, solicitation, or endorsement to buy or sell any financial instrument, nor is it financial, investment, or trading advice. Saxo Bank A/S and its entities within the Saxo Bank Group provide execution-only services, with all trades and investments based on self-directed decisions. Analysis, research, and educational content is for informational purposes only and should not be considered advice nor a recommendation.

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