Denmark
Trading strategy
Short term trading strategies in the major FX pairs - generally with an open and close on the same day, but in some cases stretching to two or three days if the local setup fits with the bigger perspective as well.
The account trades on retail spreads but without ticket fees for trades below the minimum threshold. This is in order to show the pure performance of the trades. The account and trade sizes are very modest to prevent absolute profit and loss swings from causing excessive distraction to the overall strategy execution.
Biography
John is Head of FX Strategy for Saxo Bank, based in Copenhagen, Denmark. John has developed a broad following from his popular and often quoted daily FX column, received by Saxo Bank clients and partners, the press and sales traders.
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Who is #SaxoStrats:

#SaxoStrats is our team of in-house strategists, covering insights and expert views across markets, asset classes and tradable instruments.

MEET THE TEAM
Write a Squawk to John J Hardy
  • Article / Friday at 9:01 GMT

    FX Update: Market stumbles towards Trump inauguration – #SaxoStrats

    Head of FX Strategy / Saxo Bank
    Denmark
    FX Update: Market stumbles towards Trump inauguration – #SaxoStrats
    A clearly dovish press conference with ECB president Mario Draghi failed to take the wind out of the euro's sails for more than a couple of hours yesterday, making it clear that today's Trump inauguration is foremost in investors' minds as a new era of US policy and geopolitical relations kicks off at noon today, Washington DC time.
    Read the article
    2d
    Juhani Huopainen Juhani Huopainen
    This feels familiar - Trump's policies would be USD-positive, but the strength of the USD would be counterproductive to those policy goals. So USD-negative rhetoric is used....
  • 2d
    Market Predator Market Predator
    The lady from APAC team has very kind voice ♥♥
    2d
    John J Hardy John J Hardy
    The Trump inauguration time window is 1130-1230 EST in USA, which is 1630-1730 GMT and 1730-1830 CET
  • 2d
    thewickedwiz thewickedwiz
    The problem here is that Obama was opposed at every turn by the Republicans!
    So any failures are due to the Republicans but this is not recognised widely.
    Trump...
  • Squawk / Thursday at 13:45 GMT
    Head of FX Strategy / Saxo Bank
    Denmark
    ECB meeting: Draghi is checking all of the dovish boxes in the opening statement at his press conference, as he suggests that the risks remain to the downside on economic growth, that the inflation outlook is subdued, with no convincing upward trend in underlying inflation. At the same time, Mr. Draghi emphasized that the QE programme can be expanded if necessary. Together with some strong US data released at the same time that Mr. Draghi's press conference got under way, the EURUSD is dropping, though we are seeing isolated euro weakness elsewhere as well. At the end of the day, a close below about 1.0600 in EURUSD (and no disruption from Trump's taking office tomorrow) begin to offer a ray of light for the bears, with ongoing uncertainty otherwise.
    Read the Squawk
    3d
    Juhani Huopainen Juhani Huopainen
    USDJPY breaking higher from today's range probably also driving EURUSD and risk assets. USDJPY's January downward-sloping trend channel in jeopardy - last, final barrier is the 114.20-level.

    Overall,...
    3d
    Juhani Huopainen Juhani Huopainen
    After May's "positive surprise", we now have "Draghi positive surprise". Tomorrow there will be a "Trump positive surprise".

    After that, the surprise indices both on the data-...
    3d
    bvlaerhoven bvlaerhoven
    Draghi coming out as dovish as he can today. Fear for a Trump-inspired USD selloff (carried further by positioning) clearly on his agenda.
  • Article / Wednesday at 9:14 GMT

    FX Update: When will the USD strengthen again? — #SaxoStrats

    Head of FX Strategy / Saxo Bank
    Denmark
    FX Update: When will the USD strengthen again? — #SaxoStrats
    The currency market has a few things to decide over the next three trading days – whether sterling can hold the rally after May’s Brexit speech, whether tomorrow’s ECB meeting will impact the euro and finally, whether it is time to get long the USD again as Trump is set to take the oath of office on Friday.
    Read the article
    4d
    helicongrowth helicongrowth
    USDJPY seems to have decoupled from US - JP rate differentials over the last few sessions. Under-performance over administrations USD stance ?
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