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Video: Currency Pro Sees W-Shaped Recovery

CNBC.com
Monday, 11 May 2009 | 11:17 AM ET

Is this a new bull market — or a dangerous bear rally?

W-shaped Recovery Likely
A "W-shaped" economic recovery is more likely than a "V-shaped" one, says Sean Callow, senior currency strategist at Westpac Bank, speaking to CNBC's Amanda Drury. Also, Daryl Guppy, CEO at Guppytraders.com charts the U.S. dollar index.

Sean Callow, senior currency strategist at Westpac Bank, told CNBC that his calculations point to a "W-shaped" economic recovery rather than a "V-shaped" one.

Watch the interview for Callow's insights.

Also in the video: Daryl Guppy, CEO of Guppytraders.com and Charting Asia blogger, charts the U.S. dollar index.

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CNBC's Companies in the News:

AIG

US Bancorp

Capital One

BB&T

HSBC

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Disclosures:

Disclosure information was not available for Callow or his company.

Disclaimer

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