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
Economics & Growth
Momentum Models Remain Max Bullish GBP/USD, We Are Bearish
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 0.5% over the past week, with equity models down 2.1% WoW, FX models down 0.1% WoW, and rates models up 0.1% WoW. All momentum models are down over […]
G10 FX Weekly: Beware USD/JPY Weakness – Buy Dips, but Be Patient and Nimble
Richard Jones
Summary Since the Japanese Ministry of Finance (MoF) bought JPY on 11 July, USD/JPY has declined ~5.75%, its biggest two-week drop since late last year. USD/JPY is now trading at its lowest level since early May (~152.50). Much event risk exists for USD/JPY in the next week. The Bank of Japan (BoJ) updates monetary policy […]
G10 FX Weekly: US and UK Short-End Yields Set to Bounce, Buy Price Dips
Richard Jones
Summary After weaker-than-expected US CPI last week, the 2-year US Treasury yield broke below the ~4.6% floor in place since early April. The yield remains below this level, having touched ~4.4% this week. Similarly, the UK 2-year yield has traded lower over the past couple months. The yield gained momentum over the past week, printing […]
Momentum Models Slip as Equities and FX Weigh on Aggregate Returns
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 0.4% over the past week, with equity models down 0.8% WoW, FX models down 0.4% WoW, and rates models flat. Momentum models are down in aggregate over a […]