"IMF says dollar "overvalued'"
"Currency traders were given a green light to continue selling the US dollar on Wednesday, as the International Monetary Fund said the greenback “remains overvalued†and rejected claims the euro had risen too far."
"The Fund thinks that the US current account deficit will remain close to 1.5 per cent of world output until 2012, raising the likelihood of a disorderly plunge in the dollar and protectionism growing over the next few years."
If the dollar sinks, and foreigners start drawing down their US stock accounts, that could be one more indication of serious trouble.
Arf