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Ken Rogoff Forecasts "Currency Chaos" in 2011

|Includes: CNY, EU, EUO, PowerShares DB USD Bear ETF (UDN), UUP
Thoughts on how various currencies will fare in 2011 from Harvard Professor Rogoff, author of This Time is Different, can be found here.

Note to U.S. dollar bears: Rogoff points out that the U.S. dollar's "purchasing power is already scraping along at a fairly low level globally – indeed, near an all-time low, according to the Fed’s broad dollar exchange-rate index. Thus, normal re-equilibration to “purchasing power parity” should give the dollar slight upward momentum."