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 | Global
G10 FX Weekly: EUR/CHF Is a Buy-on-Dips, Is Parity Possible?
Richard Jones
Summary Long EUR/CHF was one of our strongest conviction trades in Q1 2024. The pair topped out earlier this month, but pullbacks have been shallow and short-lived. We think the Swiss National Bank could sell CHF during its easing cycle, while the BEER valuation for EUR/CHF sees the pair as 8.5% undervalued. Both factors would […]
Momentum Models Gain as Equities and Fixed Income Outpace FX
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 0.2% over the past week, with positive performances in fixed income and equites countering negative FX returns. Equities and bonds were both up 0.5% WoW, while FX returns […]
Momentum Models Gain as FX and Fixed Income Outperform 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 positive performances in fixed income and FX countering negative equity returns. Equities were down 1.9% WoW, while bonds were up 0.6%, and […]
G10 FX Weekly: MoF Must Act on USD/JPY as Talk Is Cheap (and Ineffective)
Richard Jones
Summary The Japanese Ministry of Finance (MoF) has continued verbal intervention, warning the market it is unhappy with USD/JPY price action and is prepared to push back against the JPY selloff. USD/JPY has continued rallying this week, breaking 154 for the first time in 34 years. The US Dollar Index (DXY) has had its strongest […]