Nour Al Hammoury, market strategist at ADS Securities, says the current level of sterling is not worrying the Bank of England but a further rise could alarm the central bank.
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Bernd Berg, global emerging market strategist at Credit Suisse, says Thursday's U.S. dollar weakness was only short-term, and he expects the dollar to continue to rally against other major currencies.
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European businesses and consumers face at least 20 years of electricity price rises, according to a leaked European Commission report on how the region can meet its green energy targets, the FT reports.
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Gold extended losses and dropped more than 1 percent on Thursday as investors turned to the safety of the U.S. dollar on uncertainty about a resolution of Europe's debt crisis that has stirred up fears for global growth.*****
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If history is a guide, the odds that the American economy is falling into a double-dip recession have risen sharply in recent weeks and may even have reached 50 percent, the New York Times reports.
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A look at Japan's struggle to overcome the rising yen amid weak demand out of the U.S. and Europe, with Chris Rupkey, Bank of Tokyo-Mitsubishi, and Constance Hunter, Aladdin Capital Holdings.
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A trade on the rising U.S. dollar against the euro and Japanese Yen, with Rod Smyth, Riverfront Investment Group, and David James, James Advantage Funds.
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