THE EURO AND THE UK POUND ARE THE MAIN BENEFICIARIES OF THE WEAK DOLLAR.
THAT MEANS THAT ASIAN CURRENCIES ARE DE FACTO DECLINING WITH THE DOLLAR...PERHAPS BECAUSE THEY ARE SO TIED TO THE US ECONOMY.
SOONER OR LATER ASIAN CENTRAL BANKS WILL TRY TO INSULATE THEMSELVES FROM CURRENCY WEAKNESS BY SWITCHING TO EUROS AND UK POUNDS AS RESERVE CURRENCIES...
