US Dollar - why up?

[Valuegrowth]

Australia need a lower exchange rate to achieve balanced growth in the economy. When AUD fall NZD also will fall. IMHO 2015 will be very interesting year for some currencies especially for overvalued currencies such as NZD and AUD. After EURO, Yen and now RUB, above two currencies are more vulnerable to further fall. Even the federal government's $100 billion Future Fund has cut its exposure to the Australian dollar. Actually both AUD and NZD are at the beginning of their major downturn. Just like other market cycles that is how currency cycle works. We may see fall in these two currencies until 2016/17.

According to valuation metrics of some currency advisers, they have a long-term fair value at around AUD 70¢. I think before it adjusts to fair value it could trade 55/55c against one USD.

My ideas are not a recommendation to either buy or sell any security, commodity or currency. Please do your own research prior to making any investment decisions.

[Valuegrowth]

http://www.reuters.com/article/2015/...10024E20150720

FOREX-U.S. dollar hits three-month peak on rate-hike view