TV

Playlist

Show less
1:20
#SaxoStrats - Buying German bunds on Greek fear
Simon Fasdal
Friday at 13:06 GMT
2:18
How much strength is left in Cable?
John J Hardy
Friday at 11:48 GMT
1:08
#SaxoStrats - Why I'm shorting EURSEK
John J Hardy
Friday at 10:07 GMT
5:28
Traders Clinic - The fear of failure
Angus Walker
Friday at 9:12 GMT
0:33
Lambert: Why I’m shorting GBPUSD
Clive Lambert - FuturesTechs
Friday at 6:22 GMT
3:16
UK election: Is Britain's credit rating at risk?
Nick Beecroft
Thursday at 7:17 GMT
0:53
Neighbour: Hunting for a trade
Joe Neighbour
Thursday at 6:34 GMT
2:40
Hansen: Crude price up but for how much longer?
Ole Hansen
Wednesday at 11:31 GMT
0:51
#SaxoStrats - Buying Netflix straddle
Peter Garnry
Wednesday at 8:43 GMT
Saxo TV / 06 May 2014 at 9:59 GMT

Hardy: Words of warning on sterling's rise

John J Hardy
Britain's economy continues to strengthen, with PMI services data hitting a record high. Jobs growth across the private sector also surged. GBPUSD rose; it's at a four year high.
Saxo Bank's Head of FX Strategy, John Hardy, says there's 'extreme complacency' in the markets and there's solid risk appetite in evidence which is favouring sterling. He expects GBPUSD to push past 1.70 but not go much further than that.
To get a better perspective on the pound's strength, he suggests looking at EURGBP. It is at the strong end of its range but John wants to see a breakout there before we can convincingly say there's more potential in the British currency.

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com 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 Tradingfloor.com 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 Tradingfloor.com 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 Tradingfloor.com or as a result of the use of the Tradingfloor.com. 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. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com 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 Invetment Research
- Full disclaimer

Show latest activity
Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail