SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (8340)10/4/2007 6:52:05 PM
From: Moominoid  Respond to of 33421
 
IMO in the long-term unless relative inflation rates change a lot the USD needs to appreciate against European currencies and depreciate against the Yuan etc. The AUD seems fair to overvalued compared to the USD but that's ignoring medical and educational services which would make it seem much more fair valued overall.

The fact that "everyone" seems to think the USD will go down a lot more would seem to suggest that this won't really happen? I guess HKD could be depegged but there is no reason why the HKD and RMB need to have similar exchange rates. Is Hong Kong suffering the same imbalances as mainland PRC?