Finland
Biography
I worked as a derivatives broker (mostly FX products) from 1991 to 1998. At the introduction of the euro I moved on to training, software, consulting and writing.

I've seen the ERM crisis of 1992, the Asian crisis of 1997 and the Russian crisis of 1998. In February 2000 I wrote an article with the title "On Bubbles". In July 2006 I wrote with the title "The Coming Global Real Estate Bust".

I've worked in a world where real-time market data, analytics and the Internet were not common. That has changed. What has not changed are the politicians, their crisis response and the credit boom-bust cycles.

I've seen enough to take anyone's statement with great skepticism. I hope you return the favor and also doubt everything that I write. I like to engage with my audience, so feel free to leave comments.

Specialties: options (also exotic), euro crisis, EURUSD.
Follow me on

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 ourtrading 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

458 FOLLOWERS
Write a Squawk to Juhani Huopainen
  • Article / Yesterday at 7:00 GMT

    Morning Markets: All eyes on the PMIs

    TradingFloor.com Team / Saxo Bank
    Denmark
    Morning Markets: All eyes on the PMIs
    Asian stocks took a breather today after a week of strong sessions although the falls were relatively limited. All eyes will be on Europe later as July’s flash PMIs provide a first glimpse into how the Eurozone is dealing with the uncertainty following Brexit.
    Read the article
  • Article / Yesterday at 5:00 GMT

    3 Numbers: PMIs to provide first glimpse of Brexit effect

    Blogger / MoreLiver's Daily
    Finland
    3 Numbers: PMIs to provide first glimpse of Brexit effect
    The July flash purchasing manager indices will be the first proper glimpse on whether the Europe's real economy will be able to tolerate the uncertainty caused by the UK's Brexit referendum. While sharp falls are expected for UK data, the rest of Europe is expected to be only modestly hit. In the US, the manufacturing sector seems finally be coming out of its long slump.
    Read the article
  • Squawk / Thursday at 13:18 GMT
    Head of FX Strategy / Saxo Bank
    Denmark
    ECB press conference: expectations were very low coming into this ECB meeting, though there was some noise about the potential for technical measures to allow the ECB to continue to meet its bond buying targets and strong hints of something arriving in at the September ECB meeting. But Draghi delivered next to nothing, though there is the clear message that they are going to use their next batch of economic assessments to determine whether more measures are needed in September and also stated that risks to growth are tilted to the downside.

    In the Q&A, Draghi seems quite determined to dodge sending any signals on the ECB's plans and has at least twice not answered the question.

    The Euro tried to rally, but it is very clear that the Draghi will swing the bazooka into position if the economy slips between now and the September meeting. All in all, not much for the market to latch onto with this press conference.
    Read the Squawk
  • Squawk / Thursday at 12:34 GMT
    Blogger / MoreLiver's Daily
    Finland
    ECB live. My expectation: no changes now, dovish talk. QE changed in September. Continuation of QE beyond current deadline in December.

    Of course inflation outlook shows that ECB has not done enough, but it takes six months to admit it. Terrible stuff.

    https://www.youtube.com/watch?v=Uayap2_rlX4
    Read the Squawk
  • Article / Wednesday at 13:00 GMT

    May the force be with your 'algo'

    Hypothesis Testing
    United Kingdom
    May the force be with your 'algo'
    In Star Wars, an omnipresent "force'" made the galaxy a harmonious place, but when it comes to programming and trade automation, many forces and influences can knock your "successful" trade plan into losses. Perhaps we should consider how to avoid the dark side of markets. This is new series of postings, initially without any programme language, to help you build your Meta or Jags/Stan/R/C++ and Excel structure(s).
    Read the article
    4h
    fxtime fxtime
    To be clear you measure the ratio between the current day pips movement of one fx pairing against another to determine eurgbp direction and the algo above...
    4h
    fxtime fxtime
    Attached is the screengrab from the EoD posting and my chart is dated 13thMay when it was forwarded to Saxo so the article would have been anything...
    2h
    fxtrades fxtrades
    fxtime thank you and have a nice weekend.
  • Squawk / Wednesday at 8:47 GMT
    Head of FX Strategy / Saxo Bank
    Denmark
    Sterling rallies on BoE report. The UK data just out was rather supportive, as the June jobless claims came in better than expected and May payrolls data looked very strong, but we'll need to see July data to start to see the actual impact of the Brexit vote. But sterling is more likely rallying on a BoE agents report out around the same time that makes a few comments worth note, including:

    - Early evidence shows banks maintaining lending after vote
    - Firms see positive effect on exports after Brexit vote
    - No evidence of sharp slowing of activity
    - A third of UK firms see negative Brexit impact in next 12 months
    - Firms maintain business as usual
    - Firms report reduced demand fo commercial real estate

    The market is very short of sterling and has now "unbroken" a key GBPUSD level around 1.3100 - some squeeze risk for sterling shorts here driven by positioning on what looks like rather positive news.
    Read the Squawk
  • 15 July
    zefy zefy
    I was thinking the same when saw news and markets this morning.
    15 July
    Juhani Huopainen Juhani Huopainen
    Absurdly in 2005 I was crying in my pastis on Promenade des Anglais in Nice as my old friend in London didn't answer my calls.
  • 5d
    Max McKegg Max McKegg
    NZDUSD slumped from 0.7150 to 0.7080 this morning after the June quarter CPI number came in 0.4% and the annual rate the same.

    As shown in the...
  • Article / 15 July 2016 at 5:00 GMT

    3 Numbers: Stubborn inflation the ECB's biggest headache

    Blogger / MoreLiver's Daily
    Finland
    3 Numbers: Stubborn inflation the ECB's biggest headache
    The June final consumer price index is expected to show a minimal price change, while the inflation outlook has deteriorated to all-time-lows. In the US, retail sales data remains perky despite the weakness in the auto sector. This has also kept industrial production constrained, despite positive survey data.
    Read the article
  • Article / 12 July 2016 at 8:02 GMT

    FX Update: AUD leads charge higher versus USD, JPY

    Head of FX Strategy / Saxo Bank
    Denmark
    FX Update: AUD leads charge higher versus USD, JPY
    The yen remains the weakest currency on the back of the global risk rally and because the market anticipates fiscal stimulus from Japan soon. But the US dollar is also suffering as the Fed is seen as sidelined for now. Top gainers in this environment are EM and commodity currencies, particularly the Aussie.
    Read the article
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