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A ‘very odd’ US jobs report — #SaxoStrats
John J Hardy
Friday at 14:20 GMT
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Why I would sell the FTSE 100: Lambert
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Technical analysis of a WTI crude oil trade: O'Hare
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Why I’m trading USDJPY: Coleman
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Macro Monday webinar week 48 – #SaxoStrats video
Saxo APAC SalesTrading
Monday at 9:05 GMT
Video / 04 October 2016 at 10:16 GMT

Why USDJPY is higher: Hardy

John J Hardy
The dollar is higher against the yen and, according to Saxo Bank's head of fx strategy, John Hardy, there are several reasons.

Hardy points to a relief rally after it appears that there won't be any systemic risk following the Deutsche Bank problems, strong US ISM data and higher US rates. 

In the short term Hardy believes that the selling of Japanese yen is technically driven, but if the trend is to sustain longer term it will need fundamental support. 

Read more from John's FX Update here.  
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