(CNN) - Former New York City Mayor Rudy Giuliani said he's more likely to run for president if former Alaska Gov. Sarah Palin runs.
In an interview on CNN's "Piers Morgan Tonight," Giuliani, who dropped out of the 2008 Republican presidential primary, said running against Palin for the 2012 GOP nomination would show him as a moderate Republican.
"The more Republicans in which I can show a contrast, probably the better chance, the better chance that I have," Giuliani told CNN's Piers Morgan in an interview set to air at 9 pm. ET Monday. Portions of the interview will air Friday (tonight) on CNN's "John King, USA" at 7 p.m. ET.
But if he does run, Giuliani says he would concentrate on winning Iowa, New Hampshire and South Carolina, sites of the first presidential nominating contests. In 2008 Giuliani focused his resources in Florida, a strategy that that led to the demise of his run after he finished third in the state's primary.
However, the former U.S. Attorney said he doesn't see a frontrunner in the Republican field, which makes for "a fluid situation."
"There is no obvious frontrunner right now," Giuliani said. "I guess everybody is happy with that, because nobody wants to be the frontrunner at this point because it always seems the frontrunner gets all the attention, all of the negative publicity."
He also addressed Palin's use of the word "blood libel" that she used in a video following the Arizona shootings. The phrase traditionally refers to a long-standing anti-Semitic myth that Jews murdered children for religious rituals. In present times, the term has come to be understood by some as any false accusation of murder.
Palin used it to criticize many in the media who said her political rhetoric may have contributed to the shootings. She later said her critics were taking issue with the phrasing in hopes of derailing her overall message.
Giuliani said "except for the use of the word, (she was) absolutely right on."
"I mean it's a bad word to use, a bad connotation, going back to the whole history of anti-Semitism. This wasn't at that level," Giuliani said.
Watch Piers Morgan Live weeknights 9 p.m. ET. For the latest from Piers Morgan click here.