John Hardy
Head of FX Strategy
- @johnjhardy
Today's Breakout Monitor shows USD starting to break out all over. https://t.co/fz8SFrdmot #forex https://t.co/3ZRBRLMEGZ
- @johnjhardy
RT @Steen_Jakobsen: China Shifting Focus From Further Economic Support to Structural Reforms, Analysts Say via @caixin https://t.co/hpFrX5W…
- @johnjhardy
How U.S. ending Iran waivers could affect oil markets and beyond https://t.co/jirxe01MZb via @business
- @johnjhardy
RT @MikaelSarwe: 🇺🇸A very weak Empire State future general activity is one part out of nine in my survey-based leading GDP regression. It s…
- @johnjhardy
Currency traders should get ready for a big move in the dollar https://t.co/9T4dnid5fR via @markets
- @johnjhardy
The chief economist at the Bank of Italy says the country’s budget deficit could widen to 3.4% in 2020 if the gover… https://t.co/uE8LbEBJ9I
- @johnjhardy
Is increasing nostalgia for Stalin the Russian version of national populism? https://t.co/nnAZ50CWTf
- @johnjhardy
RT @Eleanor_Creagh: As China 🇨🇳 data beats today ... other data shows regional/China demand still weak https://t.co/kygm0JO6aP
- @johnjhardy
$100 oil? That would be one of the quickest routs to ending this equity market rally... https://t.co/AoIPGIsnOd $$
- @johnjhardy
RT @tracyalloway: China's giving away 'Red Impetus Loans' to companies - a reward for studying Xi Jinping thought and promoting the Communi…
- @johnjhardy
My last FX update until next Tuesday. Next big test for rising euro the Thursday flash Apr. PMI's https://t.co/oJGrlFT5Pe $EURUSD #forex
- @johnjhardy
RT @JulietteJDI: Can't remember anything worse since I saw the South twin tower collapse -- live.
- @johnjhardy
RT @C_Barraud: 🇨🇳 🇮🇳 Foxconn Technology Group Chairman Terry Gou said the #iPhone will go into mass production in #India this year, a shift…
- @johnjhardy
Markets poised at tipping point for melt-up scenario -> Today's FX Update: https://t.co/2MbT0GBDsp #forex $$ https://t.co/QFhxuNC206
- @johnjhardy
RT @Eleanor_Creagh: The relentless rise of populism, in all its guises, at once exposes Europe’s deep structural flaws and presents it with…
- @johnjhardy
RT @LizAnnSonders: Kids, put down your phones and go outside and play! These are really, really troubling statistics (I can attest, having…
- @johnjhardy
All global markets lurched into full risk on this morning (equities up, bonds and JPY down) at 0800 GMT: timed with… https://t.co/fUqBephoqb
- @johnjhardy
Important US 10-year benchmark level here around 2.55%. $USDX $USDJPY $$ https://t.co/Y3GWIssbSQ
- @johnjhardy
Prime Minister Scott Morrison called Australia’s election for May 18, https://t.co/PlRQ7Z197P via @bpolitics $AUDUSD
- @johnjhardy
People are giving up on #Brexit - linked sterling volatility - not just over next three months, but also out to a y… https://t.co/qmOG8wOFZt
- @johnjhardy
IMF fears Italian debt spiral, and Macron is making it even more dangerous https://t.co/gFNguEbAUF via @telebusiness
- @johnjhardy
Macron gets on everyone's nerves with Brexit hard man act https://t.co/B648qpyR7d via @business
- @johnjhardy
RT @alexebarker: My hunch: a 6 month extension that ends before the change of Commission in November. Macron halves the one-year delay. Bri…
- @johnjhardy
Sky reporting that Australia PM Morrison will call for elections tomorrow (must be held before May 19). $AUDUSD
- @johnjhardy
Important point: Democratic electorate on Twitter bears little resemblance to actual Democratic voters: https://t.co/GYxHVX9D1h
- @johnjhardy
I know today a busy day with ECB, FOMC minutes, US CPI, Brexit Summit, etc. But this is the event I am looking for… https://t.co/QYi7xuzSQ1
- @johnjhardy
Norway's CPI comes in hot, with 2.7% YoY for the core number vs 2.5% expected. $EURNOK finally making a more signif… https://t.co/vlTvWRvyjF
- @johnjhardy
The EU tariff story broke overnight (late US hours) - but it takes a Trump Tweet to make it real for the algos? $$ https://t.co/tChgN37B5I
- @johnjhardy
German elite call for radical rethink of EU's Brexit strategy https://t.co/vaYSBUGyIa via @telebusiness
- @johnjhardy
Not sure if "flashing a warning", but EM is weak given eye-popping complacency elsewhere: -> Emerging-market curren… https://t.co/n0PlNvqCCC
- @johnjhardy
RT @C_Barraud: 🇺🇸 🇨🇳 U.S. 'not satisfied yet' in #China #trade talks: White House official - Reuters https://t.co/EqCyf5KTEl
- @johnjhardy
Saudi Aramco's bond sale has a lot to say about oil prices https://t.co/zR79P71tkt via @bopinion
- @johnjhardy
within striking distance of record lows for major pairs and would probably be at record were it not for elevated st… https://t.co/TXyo3K7ZVb
- @johnjhardy
3-month implied volatility for $USDJPY and $EURUSD almost within half a handle of record lows from 2014. https://t.co/QU9iQF6bIK
- @johnjhardy
I haven't done the research, but surely a 29-pip day in $EURUSD and 24-pip day (!!) in $USDJPY so far here an hour… https://t.co/SC0B3qRfY3
- @johnjhardy
Meh US jobs report: anemic earnings growth +0.1% MoM the negative spin, as is -0.2% drop in Participation Rate (wea… https://t.co/9xyC34tPXh
- @johnjhardy
Turkey: Erdogan's AKP candidate Yildirim says thinks Istanbul local election result will be overturned after "recount". $USDTRY #forex
- @johnjhardy
RT @IanShepherdson: The survey week was unusually snowy, which makes me a bit nervous. https://t.co/HYXw98kDUo
- @johnjhardy
Our Global Risk Indicator shows galloping improvement in risk sentiment - new local "highs" even if that's not the… https://t.co/mbI7z3HNKb
- @johnjhardy
RT @dave_brown24: NEW: Trump seems to be suggesting future U.S. defense budget cuts, perhaps after striking a deal with China. He says mayb…
About John J. Hardy
John Hardy joined Saxo Bank 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 Bank 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.
FX Breakout Monitor: Breakouts all over – and this may only be the start
John Hardy
Head of FX Strategy
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