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.
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409 FOLLOWERS
Write a Squawk to Juhani Huopainen
  • Article / Yesterday at 7:47 GMT

    Knee-jerk ECB reaction falls well short of Eurozone fix

    Managing Partner / Spotlight Group
    United Kingdom
    Knee-jerk ECB reaction falls well short of Eurozone fix
    The ECB signalled that it is ready and willing to do more. Meanwhile the central bank has taken a policy backfljp in on factors such as commodity price variations. It used to say it could noting about such exogenous matters, but now commodity weakness is cited as a key reason for rejigging QE. It is typical of Eurozone institutions to play both sides of the street.
    Read the article
  • 12h
    Martin O'Rourke Martin O'Rourke
    Sometimes a chart says it best....
    12h
    Martin O'Rourke Martin O'Rourke
    EURUSD chart taken from SaxoTraderGO
  • Article / Yesterday at 5:09 GMT

    3 Numbers: German factory orders healthy, G20, US jobs report

    Blogger / MoreLiver's Daily
    Finland
    3 Numbers: German factory orders healthy, G20, US jobs report
    The data-heavy week closes to a long weekend with the US payrolls – the last one before the Federal Reserve's September meeting. Last-minute clues on the probability of a rate hike will swing asset prices today. Earlier, we get Germany's factory orders and the G-20-meeting commences, with finance ministers and central bankers debating the recent financial turmoil and weak real economy. Hopes are high that the Fed does not hike too early.
    Read the article
  • Squawk / Thursday at 12:53 GMT
    Head of FX Strategy / Saxo Bank
    Denmark
    ECB's Draghi waxes very dovish. Today's ECB press conference sees Draghi lowering ECB inflation and growth forecasts through 2017 and clearly indicating more significant downside risks for the economy and inflation and more dovish guidance on the prospects for additional and longer QE - far more than the market was expecting coming into the press conference.

    The ECB inflation forecasts were lowered to +0.1% for 2015, +1.1% for 2016 and +1.7% for 2017, versus +0.3%/+1.5%/+1.8% previously. GDP forecasts also slightly lowered.

    The rhetoric elsewhere was also very dovish, with an unambiguous rise in the level of concern, strong rhetoric indicating that QE will run until there is a sustained adjustment in the CPI path, and raising the percentage of the QE (to 33% from 25%) that the ECB can carry out directly (national central banks doing the rest.)

    For EURUSD, the focus now is on the 1.1000 area now that we are trading below the key 61.8% Fibo that was the recent low. US data next focus.
    Read the Squawk
  • Saxo TV / Thursday at 7:08 GMT

    Fasdal: The ECB is in real trouble, but will it act?

    Simon Fasdal
    Since March the European Central Bank has pumped more than 300 billion euros into the European economy through its bond-buying programme. But according to Saxo Bank’s Simon Fasdal, the positive effects of the ECB’s QE programme are rapidly vanishing in the current market and the central bank needs to act sooner rather than later to turn the tide.
    watch video
    1d
    Simon Fasdal Simon Fasdal
    As discussed ECB did raise QE, and surprised markets to the upside. Stocks and bonds higher, Eurusd lower.
  • Article / Thursday at 6:59 GMT

    Morning Markets: Draghi's day of decision

    Deputy Editor / TradingFloor.com
    Denmark
    Morning Markets: Draghi's day of decision
    European Central Bank chief Mario Draghi is the man in the middle today as markets await his press conference at 1230 GMT and attempt to decipher where he stands on the anxiety scale about flagging Eurozone inflation. Elsewhere, Chinese markets are taking some time out to celebrate the WWII victory over Japan and Sweden awaits its latest monetary policy statement.
    Read the article
  • Article / Thursday at 6:00 GMT

    ECB preview: Worried, vigilant but waiting

    Blogger / MoreLiver's Daily
    Finland
    ECB preview: Worried, vigilant but waiting
    The European Central Bank's meeting today will note the lower inflation outlook, the recent turmoil in the financial markets and the international economy's dark clouds. The ECB will probably mention the increasing monetary aggregates and play time for now – but it will have to step up its asset purchases in the future.
    Read the article
  • Article / Tuesday at 13:30 GMT

    US Stocks: So what's the plan?

    Trader / TheSteadyTrader.com
    United States
    US Stocks: So what's the plan?
    It's not very often that we see the S&P 500 sell down by more than 5% and rally back more than 6%, all in one week. After booking 5% gains last week in the indices I am coming into this week with lots of cash yet again and ready to look at two specific trades.
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