Wednesday 28/12/2011 8PM GMT 9PM CET

Were now getting out of holiday mode now and seeing the markets come back to life and today the Euro has broken 1.30 and a close below this level is highly bearish. At this time of year between now and around January the 5^th most currency pairs make there highs or lows for the year and we see the safe haven currencies as the ones to buy.

Friday 23/12/2011 8PM GMT 9PM CET

A pretty quiet end to the week as you would expect, as markets slow down for the Christmas holidays but expect some big moves next week and we think we will see the dollar start to re gain its upward momentum.

Thursday 22/12/2011 8PM GMT 9PM CET

The Euro had a moved up yesterday which we believe was simply short covering and the market sold off towards the lows at the end of the day and prices today are steady, as volumes thin out into the Christmas weekend. It won't be long though before the Euro starts to fall again...

Wednesday 21/12/2011 8PM GMT 9PM CET

The Euro mounted a rally as expected yesterday and pulled the other risk currencies up - but this in our view, was just short covering and as we come to the close of the day, the rally is losing momentum and we think the dollar should resume its up trend.

Tuesday 20/12/2011 8PM GMT 9PM CET

We have seen the start of the short covering rally in the Euro today which we have been expecting and it may run a little further to the upside but this rally is a great selling opportunity – as the big picture hasn't changed – Euro zone is still in crisis and the global economy is slowing.