Saxo Group Videos

Hardy: How I traded EURUSD this Wednesday

John Hardy, Saxo Bank's Head of FX Strategy, shows step by step how he's been trading EURUSD this Wednesday. The market's been fairly quiet but there's a known, big event risk coming later with the release of the minutes of the latest FOMC meeting.

John explains that the ambitions of this trade were modest and for good reason; there's a shocking lack of volatility and the market's knowledge of the impending risk. However, that impending risk was also an element in placing the trade in the first place.

This video is more about the considerations that can go into a trade such as this, rather than a display of a perfectly timed and executed trade.

Recorded on Wednesday, July 9th, 2014.

07:33 minutes
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