Sterling has surged to a three-month high against the dollar following buoyant growth figures for the construction industry.
Tim O'Dell, manager of the Investec Currency Alpha fund, and part of Investec's currency management team, considers three top investment themes.
The Hong Kong dollar is more likely to disappear than the euro, based on a shift in manufacturing and political factors, says Distinction Asset Management's Ana Armstrong.
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.
Lombard Odier's Stéphane Monier says EM's have to manage the rate at which they raise the value of their currencies, or else risk destabilising their economies.
Investec Asset Management's Paul Carr believes sterling is the most undervalued major global currency.