Joe Perry

Joe Perry

Joe Perry CMT

US Market Analyst

Joe Perry has over 20 years' experience in the FX and commodities arenas. He brings his knowledge of the markets from the trading side of the business, where Mr. Perry uses a combination of technical, macro, and fundamental analysis to provide market insights.

He traded spot market FX and commodity futures for 17 years at SAC Capital Advisors and Point 72 Asset Management. He is a regular live television contributor on Bloomberg News and Real Vision among other media outlets.

Mr. Perry holds the Chartered Market Technician (CMT) and has a BSBA from The Ohio State University as well as an MBA from Fordham University.

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Market trader analysing data

Week Ahead: More CB intervention? Plus, RBA, RBNZ, OPEC+, and NFP

Markets will be waiting on pin and needles this week to see which central bank may be the next to intervene.

Market chart

US Core PCE follows EU CPI higher

Markets are pricing in a 75bps rate hike for both central banks. However, the meetings not until the end of October and there is still a lot of data which can change rate hike expectations

China flag

China ready to intervene in USD/CNH; Tells banks to prepare

After the BOJ and the BOE intervened in the markets, traders are asking “Who’s next?”.

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September 29, 2022 12:01 PM
Graphic of trading data chart

Gilts gone wild!

The yield on the 30-year Gilt has moved from a high on the day of 5.092% down to a low of 3.869%.

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September 28, 2022 03:53 PM
Close-up of Union Jack flag

BOE folds and intervenes in bond markets; GBP/JPY in 410 pip range

With the BOE and the BOJ intervening over the last week, GBP/JPY has been extremely volatile, trading in a range from 164.44 down to 148.79 over that same timeframe.

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September 28, 2022 10:58 AM
Chart showing uptrend

US Housing Prices drop for 3rd consecutive month

Perhaps watching USD/JPY could give a clue as to where mortgage rates may be headed next!

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September 27, 2022 12:12 PM
Bank notes of different currencies

ECB members working the wires today to try and prop up Euro

The ECB must have been excited when it saw its currency rising vs the Pound

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September 26, 2022 03:58 PM

Currency pair of the week: GBP/USD

Will the new budget from PM Liz Truss “break the economy” or will it help everyday citizens as she says it will?

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September 26, 2022 12:39 PM
Gold nuggets

Gold falls below $1650 as US Dollar soars

Recession fears are causing both GBP/USD and EUR/USD to move lower. As a result, the US Dollar is moving higher. This leaves traders nervous to buy the dip in Gold as it moves to its lowest level since April 2020.

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September 23, 2022 11:25 AM
Close-up of market chart

SNB hikes 75bps, but Franc’s not satisfied

The SNB hiked rates by 75bps today. However, the inconspicuous comments by the central bank left EUR/CHF weary as to if there are more to come.

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September 22, 2022 05:05 PM
Close-up of Union Jack flag

Bank of England hikes rates by 50bps; More to come?

Despite a rate hike by the BOE of 50bps, GBP/USD is near 37-year lows. Why? Because the Fed hiked rates by 75bps yesterday and said that more rate hikes are on the way.

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September 22, 2022 12:38 PM