which currency to sell?, page-2

the fundamentals in Europe are certainly not as good as the recent move suggests, its just that the USD is so weak, and with QE2 beginning soon, I dont think there is going to be a bounce in the USdollar worth trading or investing in

a long term view of mine is that the USdollar index, currently at 76.50, will soon fall to below 70, then, much further

so, like i think goldman sachs, who just came out with a few targets of eur/us-1.60 and bgp/us-1.70, i am not sure about aussie, but i think 1.05 for the aussie within 6 months

i dont think they will get it much wrong, so it would be highly risky trading the US long anytime soon