What could be more vulnerable the dollar?

As rumors that Asian Central Bank buying up the U.S. dollar in order to prevent too rapid strengthening of their currencies may be a certain element of truth. However, according to analysts Calyon, such intervention is unlikely to turn the dollar trend. According to strategists bank, the dollar index has fallen by 10% from its peak, made 5 March 2009, with the possibility of further reduction was never revoked. In the meantime, Barclays Capital argued that the currency is more vulnerable than the U.S. dollar. Anyway, in the short term. Based on the model of fair value, bank analysts believe that the Canadian and New Zealand dollar looks overvalued relative to the U.S. currency. A fair value of the euro is overstated by as much as 7%. Strategists at Barclays Capital continues to hold Bear prognosis for the dollar in the medium-term period of time, however, recommend to observe great caution in the short term.