currency

F&C's Jeremy Tigue has moved his short-term borrowings from sterling into yen to benefit from an anticipated strengthening of the pound.

The Greek budget deficit saga drags on: all the excruciating metaphors now exhausted, there remains just the long grind to a compromised conclusion involving soggy sovereign yields and increasingly disinterested investors.

The Swiss franc rose to a record high against the euro yesterday despite the Swiss National Bank's efforts to avoid excessive gains for the currency.

Since the start of the year, sterling has weakened materially against the US dollar, and slightly against the euro. For owners of UK equities this is a mixed blessing.

The currency of a country is the equivalent of its share price, the perceived value of its overall tangible and intangible assets, and while the share prices of the highly indebted developed markets are faltering, those of emerging markets are rising....

Storm clouds are gathering over the euro, with the currency expected to fall from the highs seen in 2009, according to Caxton FX.

GAM has launched a Ucits III emerging market debt and currency fund, managed by Pharo Global Advisors.

The rising price of gold simply reaffirms investor scepticism about an apparent economic recovery and places the US dollar's position as the world's leading reserve currency further in doubt, F&C's Ted Scott says.

The US dollar has fallen to a one-year low against the euro ahead of the G20 and Federal Reserve meetings.

The pound fell to an 11-week low of €1.1461 yesterday despite bullish global equity markets.