WELL the funny thing about currency pairs is that they well the are PAIRS!. So if you go short against the dollar who are you going long - the pound (now dont be silly) - the yen! (now that would even be siller), - the AUD (well now you wouldnt want to do that... (the SWISSY -well possibly cause i dont look there but my guess is they are just as stuffed as the rest of euro.
The fact is the US was first to crumble and the other currencies spike up towards the end of that bubble..........Whilst the market bulls were charging the US was and had already started receeding...they will be the first to to bottom and the first to lead this global recovery...And if they aren't then god help us.
UK is spiralling and there aint nothing that will fix it, funny money fixes nothing, there recovery is a long long long long long way away...employment is the key and unemployment there out of control....they dont know what to do and they havent even began to act or think on what they can do...they are like stunned mullets and worse is coming. And they are exasperated by the fact that the euro is at there doorstep and those added euro zone country citiezens are free to live in there country.!
And Gordon Brown, what a disater of a leader....the finance minister now prime minister who was the self proclaimed hero who had brought an end to the boom bust cycle HAHAHAH!!!!!!!!!!!!!!!!!
EURO is a disaster on the verge...it is crumbling,,....at the moment it is similar to the US before its back was broken in the second half of last year...also with the addition of these new countries into the zone only adds to the problems...those econmies are disasters.
japan currency has apprecited out of control which is having a negative effect on a economy that has had next to no growth for the past five years. Money is there just cause it is safe - nothing else. Exports which are huge driver of that economy are coming to a scretching halt....noone can afford it now....no not now!
And AUD, a country that has no impact globally and is just tinkering on the edge of the cliff as its mining exports to china begin to dry up and huge job cuts are emerging and there is no finance available to push forward housing and construction...it will bottom last and will be last to recover..
THE US has suffered and is suffering but the economy is working through the cycle and it will be the first to emerge and the first to record increases in growth which will lead to increase in inflation and housing and interest rate rises, which will push the currency higher....the US is ahead of the pack by six to a year or even more.... if your not a US dollar bull.,,,,...what are you?