Tuesday 15/05/2012 8.00 PM GMT

Greece's decision to return to the ballot box in the search of a new government caused heavy selling of risk assets today but Greece is a minor problem as we will look at in a moment and there is a far bigger crisis coming which will continue to see money flow into the safe haven USD and Japanese Yen...

Monday 14/05/2012 8.30 PM GMT

European shares fell heavily today down nearly 2 percent to a 4-1/2-month low and stocks on Wall Street touched a three-month low before steadying but this selling is far from over and we see stocks crashing and safe haven currencies soaring as we see the crisis in Euro zone get worse.

Thursday 10/05/2012 8.30 PM GMT

There is a small rally in risk currencies today but this is short covering and nothing more. The global economic outlook is not just bleak, its on the verge of a huge crisis and this means a higher dollar and Yen.

Wednesday 09/05/2012 8.30 PM GMT

The risk currencies are selling off a gain today and the Euro, Aussie and Canadian dollar look weak. The Pound is holding up well but watch 1.61, a close below this level will confirm a quick move to 1.58. We remain dollar and yen bullish and see these currencies as a buy on the dips on there safe haven status.

Tuesday 08/05/2012 8.30 PM GMT

U.S. equities fell today, sending the Standard & Poor’s 500 Index to its lowest level in two months and other global stock indices are also down and the risk currencies look like there going to sell off again at the expense of the dollar and yen.