With the previous post detailing the potential bottom in the Japanese Yen, how about the US$? Again using interest rates as the valuation metric, we know the following;

*Rates were being increased by Bernanke’s Federal Reserve
*Rates were reversed in response to the Banking crisis, brought on by a housing bust.

We can speculate on the following;

*Banks, via a variety of measures have started to stabilise
*With stabilization in the financial system, inflation becomes the priority
*Inflation control will see rising rates
*Rising rates, will see a strengthening US$
*The Fed has hinted that the previous rate cut to 2% was the last.