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The euro is fairly valued at the moment, says Michael Woolfolk, senior currency strategist at the Bank of New York Mellon. He tells CNBC’s Amanda Drury and Sri Jegarajah that a weaker currency does not necessarily mean better value.
The Canadian dollar is a good diversification play against the U.S. dollar, according to V. Anantha Nageswaran, CIO at Bank Julius Baer. CNBC’s Martin Soong finds out why. He also reveals how else he is diversifying if the greenback continues to weaken.
Over the longer term, gold has the propensity to do quite well, according to Douglas Cairns, Far East & global emerging markets investment specialist at Threadneedle. He tells CNBC’s Martin Soong why.
Richard Grace, chief currency strategist at Commonwealth Bank of Australia explains to CNBC’s Chloe Cho why he has a bias towards higher yielding currencies over the remainder of this week.
Asia is seeing more signs of economic recovery and that supports the ongoing strength of Asian currencies, says Rob Rennie, currency strategist at Westpac Bank He speaks to CNBC’s Martin Soong and Sri Jegarajah.
Lee Wai Tuck, currency markets strategist at Forecast assesses what is weighing on the greenback at the moment, with CNBC’s Rebecca Meehan & Amanda Drury.
The U.S. has only spent a quarter of its stimulus package and the rest will kick in in the coming months to help the economy, says Michala Marcussen of Societe Generale Asset Management, speaking with CNBC’s Amanda Drury. She also expects a second, but smaller, stimulus plan in 2010 to ensure a sustained U.S. recovery.
Go long on the greenback, advises Brian Redican, senior economist at Macquarie Group. He speaks to CNBC’s Oriel Morrison about the currency markets, including the New Zealand dollar.
The Reserve Bank of Australia is expected to keep rates steady, says John Noonan, senior FX analyst at Thomson Reuters. He speaks to CNBC’s Amanda Drury about the RBA’s minutes due on Tuesday.
The better-than-expected U.S. bank earnings have put risk appetite back in the FX market, notes Thio Chin Loo, senior currency strategist at BNP Paribas. She talks currencies, with CNBC’s Rebecca Meehan & Sri Jegarajah.