dollar

JP Morgan has launched a sterling hedged share class for its Diversified Commodities fund run by it alternatives arm, Highbridge Capital Management.

Veteran investor Jim Rogers has warned the US is nearing a financial crisis which will be worse than 2008, unless the government initiates draconian cuts.

The bull run in commodities is set to continue, despite the recent sell-offs and mounting fears some assets in the sector are overheating, according to asset allocators.

Silver futures have recovered from the worst weekly drop since 1975, gaining 4.4% Monday to reach $37 an ounce.

Leading fund managers including RWC income duo Ian Lance and Nick Purves have removed US dollar hedges on their portfolios in the view the currency has bottomed, leaving them at odds with currency specialists who predict further falls.

Oil prices have jumped to a two and a half year high on fresh fears about supply and a weaker dollar.

Veritas manager Ezra Sun looks at the impact QE2 will have on the Asian markets.

WHY BUY US EQUITIES

The dollar rose against major currencies yesterday following more upbeat US economic data, while the euro took a beating after Moody's placed Spain's ‘Aa1' credit rating on review for a possible downgrade.

Jeremy Cook, chief economist at foreign exchange brokers World First, gives his predictions for exchange rates in 2011.