| Videos | Channels | Search |
‘Something needs to happen in USDJPY’: Hardy
John Hardy, head of FX strategy at Saxo Bank, looks at the week ahead in forex with a spotlight on the dollar.
Although the S&P 500 continues to trade at high levels and the Federal Open Market Committee minutes due on Wednesday are important, Hardy says his focus this week is on Japan, which is also hosting the G7 summit on May 26-27.
The market is wondering, says Hardy, if and when the Japanese government will get its hands dirty as part of the Bank of Japan’s efforts to stimulate the economy.
01:58 minutes
Tags: dollar, dollar strength, dollar yen, forex, forex markets, forex trading, japan, japan yen, john hardy, johnjhardy, jpy, saxo, saxo bank, saxo bank group, saxo bank saxo tv, saxo bank trading, saxo bank trading floor, saxo bank tradingfloor.com, saxo tv, saxo tv saxo bank, saxo tv trades, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotradergo, saxotraders, saxotv, trade idea, trader, traders, united states, usd, usdjpy