The beating that the Royal Bank of Scotland took today is not the sole reason for Sterling’s sharp downmove. The…

The beating that the Royal Bank of Scotland took today is not the sole reason for Sterling’s sharp downmove.

Just to let you know that the EURO will remain under pressure till its medium-term objective near 1.25 is met.…

Back on 21st September it looked highly improbable that we will get down to 11950. But we have just reached…

Just to let you know that the EURO will remain under pressure till its medium-term objective near 1.25 is met.…

Think the USD/YEN is toppy between here 103.65 and 103.90 and should come off to 102.45 later on.

Back on 21st September it looked highly improbable that we will get down to 11950. But we have just reached…

Oil is likely to slip slightly lower, but be prepared for short covering from $87 and below.