John Hardy
Head of FX Strategy
- @johnjhardy
RT @saxobank: The USD has weakened after last week’s FOMC meeting, but has the US dollar turned for good? Join Saxo’s Head of Forex Strate…
- @johnjhardy
@ParrillaDiego If debt has to be destroyed somehow to reset economy, aren't only choices 1) deflationary defaults (… https://t.co/oOGoG5mtGB
- @johnjhardy
RT @tracyalloway: Oh look, it's a Fed working paper on how low rates encourages large institutional investors like state pension funds to a…
- @johnjhardy
RT @Ole_S_Hansen: Slide on #oil from our daily https://t.co/Qijb0oUvKm with me and @johnjhardy starting at 6:45 GMT (CEST +2, ET-4). Other…
- @johnjhardy
US Consumer Confidence rolling over - this time without a semi-crash in stocks that saw weak Dec-Jan prints. Confi… https://t.co/BwgUtRKJ0x
- @johnjhardy
RT @saxobank: Join our Head of #Commodity Strategy @Ole_S_Hansen live on @BloombergTV's #Daybreak today at 7:45 CET, where he'll talk about…
- @johnjhardy
Boris Johnson and Jeremy Hunt are still clinging on to the "Singapore-on-Thames" idea for post-Brexit Britain… https://t.co/pUhxyRjGHl
- @johnjhardy
Rebellion stirs in Sweden against system that keeps wages down https://t.co/VDI9tUixii via @business $EURSEK
- @johnjhardy
USD bears need to survive one more test to gain further traction -> Today's FX Update: https://t.co/idw0nPUslg
- @johnjhardy
RT @Ole_S_Hansen: Strong buying of #gold continued ahead of the post-FOMC surge to $1400/oz. Funds increased the net-long by 21% to 190k lo…
- @johnjhardy
Gundlach Warns Fed "Doing What The Bond Market Says", Insurance Cut Won't Halt Recession | Zero Hedge https://t.co/4dLIBXP5bd
- @johnjhardy
Powell waxed a bit more dovish there in QA - haven't engaged on size of cut, forecasts show more prolonged shortfal… https://t.co/6PD2miIMFQ
- @johnjhardy
@conorsen Perhaps because this is a weak response from the Fed relative to what priced. If USD to weaken, market ha… https://t.co/mS5tx1svC5
- @johnjhardy
This looks like the Fed still far behind the curve - risk that market disciplines them once again.... #FOMC
- @johnjhardy
To sum up. Market confident in July rate cut on strength of replacement of "patient" with "closely monitor" and 0.1… https://t.co/ySA1XeVzd4
- @johnjhardy
The only signal for a July rate cut besides the removal of "patient" is the 0.1% lowering of projected inflation. I… https://t.co/rWrMBN7pme
- @johnjhardy
Surprising to me that statement shift from "patient as it determines" to "closely monitor" is read as dovish surpri… https://t.co/cHYccDcROF
- @johnjhardy
June statement compared with May. #FOMC Bullard dissents in favor of 25 bp cut. https://t.co/siybIEJ7x5
- @johnjhardy
Fed unchanged - only half see rate cuts this year and median dot plot is 2.1% for end 2020. No change to IOER.. who… https://t.co/M6DVunk7Dr
- @johnjhardy
@JackEwingNYT @schieritz the translation of "geltende Besclusslage" - isn't it more "valid policy" than the "current policy" ?
- @johnjhardy
And while we're having fun with EU bonds, the cowboys buying the 2067 Italian BTPs are up almost 9% since the EU el… https://t.co/wsAGavJFhF
- @johnjhardy
Germany's longest sovereign bond up 15% YTD and over 23% from Oct. lows. That's the upside of duration love from c… https://t.co/EvBcItWeGo
- @johnjhardy
Draghi a "Fabricator and schemer" ? https://t.co/n9zvgVfCTe pretty incendiary - but he knows he is out anyway in a… https://t.co/z9afk0ZaNc
- @johnjhardy
Horrible June Germany ZEW Survey as Expectations fall off cliff to -21.1 (cycle low was -24.7 in 2018) vs. -5.6 exp… https://t.co/4EmTpoDoqt
- @johnjhardy
RT @Schuldensuehner: Long US Treasuries is the new most crowded trade in BofAML Fund Manager survey. #1 Long US Treasuries replaces #2 Long…
- @johnjhardy
Market pricing ECB cuts - here the December '19 Euribor future $EURUSD https://t.co/0tVD5DUfWz
- @johnjhardy
ECB Draghi speaking at ECB Forum in Sintra, Portugal. Says QE still has considerable headroom and that more rate cu… https://t.co/U7yClLDj1t
- @johnjhardy
RT @johnjhardy: An #FOMC preview - a bit less of the nitty gritty and a bit more of the overarching questions - also look at prior three ma…
- @johnjhardy
Angela Merkel’s EU candidate to replace Juncker is struggling https://t.co/ozDplWr6y1 via @bpolitics
- @johnjhardy
An #FOMC preview - a bit less of the nitty gritty and a bit more of the overarching questions - also look at prior… https://t.co/EDeos0bqVc
- @johnjhardy
This week's #FOMC meeting one for the ages? -> Today's FX Update: https://t.co/8mz9yFfGOS
- @johnjhardy
Deutsche Bank to set up €50bn ‘bad bank’ as part of overhaul https://t.co/787lHpwOJy via @financialtimes
- @johnjhardy
RT @agurevich23: There’s something for everybody in the US economic data. I’ve sympathy for those confused why there’s such a hellbent cert…
- @johnjhardy
RT @jessefelder: 'The U.S.- China trade war could trigger competitive currency devaluation across the globe and disrupt financial order, Ch…
- @johnjhardy
Trading the Brexit endgame from here: https://t.co/YziuVmJsQZ How the narrative could change and what it could mean… https://t.co/iRoUJqVcOV
- @johnjhardy
RT @saxobank: As the battle to become British prime minister enters its next phase, Saxo’s Head of FX Strategy, @johnjhardy, discusses what…
- @johnjhardy
Cheapest time ever to make long term options bets that $AUDNZD is not a managed exchange rate. 1-year options impli… https://t.co/WQowlMzWrA
- @johnjhardy
RT @kevinmuir: Ben is spot on. I only hope it doesn’t take 50 years. https://t.co/nct6oteue9
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.
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