Sunday 18/12/2011 10 AM GMT 11AM CET

While the Euro has been a fantastic down trend for us we really like the look of the Australian dollar which has also made us huge gains and is due in our view to fall a further 20 full points in the New Year.

Sunday 18/12/2011 10 AM GMT 11AM CET

Currency speculators increased U.S. Dollar long positions in the latest week, according to the Net Traders positions from the Commodity Futures Trading Commission but are we due further strength in the dollar or will we see a break? Let's look at two currencies, the Euro and the Aussie dollar and see where they may go next. 

Thursday 15/12/2011 7.00 PM GMT 8.00 PM CET

The markets have been quiet today and the Euro has come off its lows but while its due a good short term rally - its doomed longer term and the Euro and risk currencies will sell off again.

Wednesday 14/12/2011 3.00 PM GMT 4.00 PM CET

This daily round up is earlier than usual today, there will be one later around 10 pm GMT but we are doing an earlier one today, as we had some position changes.

Tuesday 13/12/2011 8.00 PM GMT 9.00 PM CET

Up to 26 European Union countries will finalise a pact to enforce budget discipline more strictly in the euro zone by March, a top official said on Tuesday but the market doesn't care it's focused on now and its a fact the EU are not tackling the current crisis – they have their heads buried in the sand and this means more downside for the Euro...