Global stocks hit a two-and-a-half week high on Monday with oil reaching a six week peak as investors became more confident about the U.S. economic recovery. Experts told CNBC they are bullish on the dollar, at least for the short-term.
Euro To Trend Down
The euro-dollar is heading up because of profit-taking, but it will still trend downward, says Mario Singh, co-founder and CEO at FX1 Academy. He tells CNBC that investors are massively short on the euro-dollar.
Expect Dollar to Come Under Pressure This Week
The greenback is likely to come under a little bit of pressure this week, predicts Euan McCreadie, senior corporate dealer at OzForex.
Euro Poised to Reach $1.40 By End Q1
The euro is poised for a rebound towards $1.40 vs. the dollar by the end of the first quarter, predicts Dariusz Kowalczyk, CIO at SJS Markets.
Upbeat on the Dollar
Sean Callow, senior currency strategist at Westpac Bank, remains bullish on the U.S. dollar against the euro and yen.
It's an equity-driven rally in the Australian dollar at the moment, says Tim Connors, corporate foreign exchange manager at Custom House Western Union.
More Downside Risks to Oil
There are more downside than upside risks to crude oil, says Victor Shum, senior principal at Purvin & Gertz. He tells CNBC where he thinks oil prices will head.
Tight Year Ahead for Oil
Expect a fairly tight range-bound year for crude, says Peter McGuire, managing director at CWA Global Markets.
Upbeat on Iron Ore
Richard Leupen, CEO and managing director of UGL Group tells CNBC he is bullish on iron ore and LNG.
China Markets to Struggle This Year
Even though Chinese markets have come down from their peak, guest host Andy Xie, an independent economist, explains why he thinks stocks will struggle this year in light of the tightening environment.
A-Shares Unlikely Affected By RRR Hike
The PBOC hiking the triple-R rating will unlikely have a negative impact on A-shares this week, says Peng Wensheng, managing director and head of China research at Barclays Capital.
PBOC Likely to Hike RRR By 150 Bps
The People's Bank of China will likely hike the triple R rate by at least another 150 basis points by year end, says Chi Lo, head of overseas investment of China Asset Management at Ping An.
Commercial Property to Recover
The fundamentals of commercial real estate are set to recover in 2010, believes Anthony Wands, MD for global real estate at Deutsche Bank.