The dollar gains some support from a string of better than expected bank earnings last week. but Callum Henderson, head of FX strategy, Standard Chartered, reminds CNBC’s Arnold Gay that fundamentals in the economy are still weak.
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Assessing the dollar’s rebound following the U.S. government’s comments to bolster ailing mortgage agencies Fannie Mae and Freddie Mac, with Claudio Piron, head of Asia FX research at JPMorgan, speaking with CNBC’s Maura Fogarty.
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With no central bankers present at the current G8 summit in Japan, Euan McCreadie, senior corporate dealer at OzForex believes there will be little talk regarding currencies. He talks dollars and cents, with CNBC’s Stephen Sedgwick & Maura Fogarty.
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Lee Wai Tuck, currency markets strategist at Forecast expects an improvement in the U.S. jobs data. He tells CNBC’s Martin Soong & Sri Jegarajah that this, combined with a potentially less hawkish ECB statement, could cause the euro-dollar to break below $1.57.
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The dollar will be pushed down against most currencies but Meg Browne, senior currency strategist at Brown Brothers Harriman believes it will reverse course at the end of the week. She talks to CNBC’s Jeffrey James & Sri Jegarajah.
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