Steven Saywell, global head of FX strategy at BNP Paribas, says sterling is undervalued and a rate hike from the Bank of England at the end of 2014 could push the currency higher.
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Luxury brands are mulling more inflation-busting price rises, in the face of strong foreign exchange headwinds and changing Chinese shopping habits.
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Valentin Marinov, director of FX strategy at Citi, and John Haynes, head of research at Investec Wealth and Investment, discuss whether U.S. Federal Reserve Chair Janet Yellen's time frame for an interest rate hike is reasonable.
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Steven Englander, Global Head of G10 FX Strategy, Citi, discusses if the New Zealand dollar has already factored in a rate cut by the central bank.
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Ray Attrill, Co-Head of FX Strategy at NAB explains why the dollar hasn't caught up with bond market expectations for a 2015 rate hike by the Fed.
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Gold held steady on Thursday after a sharp drop in prices in the previous session as investors ditched safe-haven assets, while a margin hike in COMEX gold may further weigh on sentiment.*
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The Australian dollar is trading at record highs but whether the currency will keep its momentum going depends crucially on whether the Reserve Bank of Australia (RBA) raises interest rates in the coming months.
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Gold rose to settle above $1,553 on Wednesday, fueled by uncertainty over Greece's debt crisis and expectations of loose global monetary policies after the Federal Reserve said the pace of U.S. economic recovery was slower than expected.
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The European Central Bank has kept interest rates on hold at 1.25 percent, and the markets are now waiting for the signal that it will continue with its monetary policy normalization in July, if president Jean-Claude Trichet says that the bank will remain "strongly vigilant" on inflation.
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