Monday 28/11/2011 9PM CET

The Euro and other risk currencies were up today on short covering nothing more and the rally will end and the dollar will continue its upward march. The problems in Euro zone are going to get worse before they get better and the optimism today on a solution to the crisis in our view is misplaced.

Saturday 26/11/2011 9PM CET

We are short the AUD from the pop up to 1.080 and set a target of 90.00 and we see that easily being hit. The Aussie Dollar had huge gains when the global economy was bullish and now its going to get hit hard as the global economy goes into a deep decline which has already started.

  Saturday 26/11/2011 9PM CET

The Euro is dead in its current form as we have said for months. There will either be a disorderly break up or policy makers will wake up slim down the zone in numbers and move to closer fiscal, economic and political integration. We need the crisis to go a but further though until policy makers are forced to act and that means the Euro below 1.30.

Wednesday 23/11/2011 9PM CET

As expected the Dollar had another push up and hit the Euro and other risk currencies hard, while we should see some counter trend action, we expect it to be brief and the dollar is a buy on dips.