Sunday 20/11/2011 8PM GMT 9PM CET

The Euro had a couple of spikes up yesterday but these spikes are only correcting the oversold condition of the market and we see the Euro below 1.30 in the next couple of weeks and if the situation continues to deteriorate it could be going all the way back to 1:1

Saturday 19/11/2011

Speculative dollar longs this week increased against the Euro this week. This is to be expected as we have had bearish news but what we need to do is look at the speculators in relation to the smart commercial hedgers and see what they are doing to get an idea of where the Euro will go next.

Friday 18/11/2011 8PM GMT 9PM CET

Today we got much as we expected in the markets as the Euro and Pound rallied up to resistance and fell back. In Euro zone, we still have problems that are mounting and no clear polices to tackle them...

Thursday 17/11/2011 8PM GMT 9PM CET

While we are worried about the global economy and it's outlook as this will impact on everyone, the currency markets recently have been great for trend followers – we have piled up huge profits and we expect more to come, as the move from risk to safe havens continues.

Wednesday 16/11/2011 8PM GMT 9PM CET

The Euro continues to remain under pressure and the cracks are increasing with a German French spat over the role of the ECB. The Euro will mount rallies to correct oversold but its going a lot lower and we had a target of 1.30 when we first went short the Euro but that looks like it will easily be exceeded.