The euro is set to continue its recent declines against the dollar and will fall to between $1.18 and $1.15, Roelof van den Akker from ING Commercial Banking told CNBC Tuesday.
Tuesday, May 18, 2010
OPEC Will Defend Oil at Mid-$60s
OPEC is likely to intervene to stop oil prices from falling to the mid-$60s, believes John Licata, chief commodity strategist at Blue Phoenix and editor of the Commodity Chronicles. He talks commodities, with guest host, Tony Morriss of ANZ, CNBC\'s Oriel Morrison & Sri Jegarajah.
Gold Second Wave Upwards
Graham Bibby, CEO & CIO at Richmond Asset Management, says gold appears to be in a second wave upwards. He tells CNBC\'s Bernard Lo and Martin Soong, Karen Tso that he sees a bear trend in resource and financial stocks.
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