Will China's Growth Accelerate?

Dollar has had a very strong run here? Have we seen the peak? Where do we go from here? I think our view has evolved on that. The latest forecasts are that the peak, the literal peak in the dollar was seen September or October of last year. With China picking up now, with Europe avoiding the worst of its recession, with the US weak but not necessarily recessionary weak and the most intense part of the Fed cycle over, we think you probably have set the stage for an period of dollar weakness.