AUD Seen Weakening
Expect the Aussie dollar to weaken in the near term, says Joseph Capurso, currency strategist at Commonwealth Bank of Australia. He talks currencies, with Simon Lue-Fong of Pictet, CNBC’s Martin Soong & Sri Jegarajah.
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Expect the Aussie dollar to weaken in the near term, says Joseph Capurso, currency strategist at Commonwealth Bank of Australia. He talks currencies, with Simon Lue-Fong of Pictet, CNBC’s Martin Soong & Sri Jegarajah.
The U.S. dollar is unlikely to lose its status as the world’s reserve currency anytime soon, believes Euan McCreadie, senior corporate dealer at OzForex. He talks FX, with CNBC’s Rebecca Meehan & Lisa Oake.
Discussing the dollar-yen direction with Sean Callow, senior currency strategist at Westpac Bank, CNBC’s Martin Soong and Karen Tso.
The dollar is eventually going to head lower, says Robert Rennie, currency strategist at Westpac Bank, agreeing with Alexandre Col of Banque Privee Edmond de Rothschild. He explains his bearish view to CNBC’s Amanda Drury.
The dollar is clearly stuck in a downward trend as it takes over from the yen as the carry-trade currency of choice, but if the trend continues it faces a “fully-fledged dollar crisis,” Robin Griffiths, technical strategist at Cazenove Capital, told CNBC.
A U.S. rate hike is still far away, says Robert Rennie, currency strategist at Westpac Bank, as he discusses the dollar’s weakness and his outlook for the major crosses, with guest host Paul Schulte of Nomura International, and CNBC’s Martin Soong, Karen Tso and Sri Jegarajah.
The dollar remained weak against most of the major crosses Wednesday. Glenn Uniacke from Moneycorp considers what’s driving the dollar lower.
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Risk appetite is a more important topic for investors following the Lehman collapse and the financial crisis, says Kathy Lien, director of currency research, GFT Forex. She speaks to Greg Bundy, vice chairman at AIMS Financial Group and Karen Tso.
Discussing whether there will be a U.S. dollar currency crisis, with Jim Vrondas, manager of corporate business at OzForex, speaking with CNBC’s Amanda Drury.