Richard Jones has traded and invested in interest rate and FX market portfolios spanning three decades, both on the buy-side and sell-side. He was also an FX & Rates Strategist with Bloomberg News’ Markets Live and First Word products.
Meet Richard Jones
Recent Articles
FX | G10
G10 FX Weekly: Go Long UST When Its Price Dips
Richard Jones
Summary On 14 February, the US Treasury (UST) 2-year, 10-year, and the 30-year yields were at ~4.30%, ~4.5% and 4.70%, respectively. Back then, we thought UST yields would trade within the YTD ranges established at that time. UST yields then plummeted to new YTD lows and have now bounced. Market Implications We think that there […]
Momentum Players Flip Short USTs and Long USD/JPY
Richard Jones
When evaluating the performance of our momentum models we are considering the average performance across the one-, three-, and 12-month momentum models. Summary Momentum models were down -0.2% over the past week, with equity models down -0.6% WoW, FX models flat WoW and rates models down -0.1% WoW. Momentum models are up +0.1% in aggregate […]
G10 FX Weekly: USD Can Bounce More, but Fade Any Strength
Richard Jones
Summary The USD index (DXY) is rising this week, for only the second week in seven. DXY technicals were oversold, but the Relative Strength Index (RSI) has partly unwound. Room exists for RSIs to unwind slightly higher in the coming days. Long and short USD exposures are not crowded. This clean positioning means chances of […]
Momentum Models Secure Third Straight Week of Gains, Led by Equities
Richard Jones
When evaluating the performance of our momentum models we are considering the average performance across the one-, three-, and 12-month momentum models. Summary Momentum models were up +0.1% over the past week, with equity models up +0.3% WoW, FX models up +0.1% WoW and rates models down -0.1% WoW. Momentum models are up +0.4% in […]