Waking up to the dollar decline

One of the strongest economies in the world is not so strong anymore. The US market has had a set back with the housing and job markets crisis. And we still see the Federal Reserve is cutting on the interest rates for overnight lending between banks, to calm investors down . I feel that the dollar is still bound to go down leading to even further interest rate cuts. The economy is on the verge of going into a recession which is not good news at all.

Dollar has gone down against the Pound, Euro and Yen ,other 3 strong currencies. Even the chinese Yaun has been strong lately, and this is the chance for it to become even more stronger by helping lower import costs,since the inflation is rising and exports are strong , along with the trade surplus.

I feel that if the US remains under the carpet like this , it is good news for the other currencies , giving them an edge over the Dollar, so I say if you are a foreign exchange trader buy Pound, Euro and Yen and sell them when the prices go even higher and voila you WIN !!!! All the best guys................