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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3884 FOLLOWERS
Write a Squawk to John J Hardy
  • 5h
    Rofhiwa Thomoli Rofhiwa Thomoli
    John, what will be the impacton EUR. What can we expect afterwards?
    5h
    AlexF AlexF
    Please your comments on USDJPY on today's move up thanks
  • Video / Yesterday at 9:57 GMT

    Dollar weakness is about global reach for yield: Hardy

    John J Hardy
    Saxo Bank head of fx strategy John Hardy outlines the different factors in play between the current dollar weakness and future actions from the Federal Reserve.

    Hardy claims that the dollar weakness is all about global reach for yield. The market is looking for higher yields which has an impact on the dollar.

    He is looking forward to Fed chair Janet Yellen's speech on Friday. He will also look for hints of short- and long-term policy changes.
    watch video
  • Article / Yesterday at 9:00 GMT

    Is Yellen about to demote the Fed?

    Head of FX Strategy / Saxo Bank
    Denmark
    Is Yellen about to demote the Fed?
    Speculation over the Federal Reserve's next move on interest rates has devolved into a lot of haggling over a tiny potential shift. But will the upcoming Jackson Hole summit offer markets any new direction?
    Read the article
    1d
    Juhani Huopainen Juhani Huopainen
    "the impact could be quite large on a currency market desperate for new developments." - exactly. News-hungry, holiday-ridden markets and media could overreact. This would later be...
  • Article / Yesterday at 8:00 GMT

    From the Floor: Gold miners to give up some gains?

    Your Next Trade
    From the Floor: Gold miners to give up some gains?
    Today's Asian session saw the kiwi rally by 60 pips as the central bank denied the need for a series of rapid interest rate cuts. Central bank policy, of course, remains the prime concern ahead of Friday's speech from Fed chair Yellen, but commodity markets are a major focus as well with gold in particular being placed on the back foot of late.
    Read the article
  • Article / Monday at 8:09 GMT

    FX Update: Fed’s Fischer boosts the buck as we await Yellen

    Head of FX Strategy / Saxo Bank
    Denmark
    FX Update: Fed’s Fischer boosts the buck as we await Yellen
    A speech by US Federal Reserve vice chairman Stanley Fischer strongly points to another Fed rate hike this year, but no specifics on timing. The US dollar was bid to start the week on this news, but wait for Yellen's speech this Friday at Jackson Hole, Wyoming – the key trigger for the next move in the greenback.
    Read the article
  • Article / Friday at 14:00 GMT

    FX4 Next Week: USD in focus ahead of Fed symposium

    Head of FX Strategy / Saxo Bank
    Denmark
    FX4 Next Week: USD in focus ahead of Fed symposium
    A choppy week in which currency markets lacked conviction should be replaced by something more exciting next week – especially when the world's policy bods gather for the Fed's economic policy symposium in Jackson Hole. The star attraction –Janet Yellen – takes the stage on Friday.
    Read the article
  • Article / Thursday at 14:45 GMT

    FX Board: USD fibrillating in pivotal area

    Head of FX Strategy / Saxo Bank
    Denmark
    FX Board: USD fibrillating in pivotal area
    Traders can't make up their minds what to do with the US dollar as the currency chops around in pivotal levels in a number of pairs. It has broken support in some places, while elsewhere – notably USDJPY and AUDUSD – break attempts are refusing to hold.
    Read the article
    6d
    asousa27 asousa27
    why so much sell in USD? US data is not so bad, especially employment and GDP numbers
    6d
    Steblaj Steblaj
    that's why. they fear a raise in rates, it would hurt the stock market.
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