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I think we have got another 20% to go
我想我們還有20%的時間
before I feel satisfied that the US has reached
在我感到滿意之前,美國已經達到
that "weaker dollar policy" we're looking for.
我們正在尋找的 "弱勢美元政策"。
And if that's the case,
如果是這樣的話。
you're looking them at 130, 125, 135
你看他們在130,125,135。
sort of over the next 6 month to a year.
算是在未來6個月到1年內。
At least on the dollar index,
至少在美元指數上。
we're now lower than we were right before the 2016 election.
我們現在比2016年大選前還要低。
Right, but it's still now low enough.
對,但現在還是夠低的。
The weaker dollar policy that the Trump administration is pursuing
特朗普政府推行的弱勢美元政策。
is based on making the US competitive.
是基於使美國具有競爭力。
And it has to be competitive not just for a couple of month where the dollar is weak,
而且要有競爭力,不只是美元疲軟的幾個月。
but, you know, for the next four to eight years.
但是,你知道,在接下來的四到八年,
And to do that, you need to have a significant correction in the dollar.
而要做到這一點,你需要對美元進行大幅修正。
And so far, you've seen a little bit of a move,
而到目前為止,你已經看到了一點動靜。
this 10%, but that's nothing.
這10%,但這不算什麼。
What is significant?
什麼是重要的?
Well, I think you need a 30% of the high.
嗯,我想你需要一個30%的高。
So that's what we're looking at, that 135 type area for the Euro.
所以,這就是我們要看的,歐元的135型區域。
Which isn't silly, it was at 150, back in what, 2007, 2008.
這並不傻,它是在150,早在什麼,2007年,2008年。
So do we get the 30% correction this year?
那麼,今年我們是否會有30%的修正?
Yeah, I don't see why we shouldn't.
是啊,我不明白為什麼我們不應該。
But I think it's not going be happening overnight,
但我認為這不是一朝一夕的事。
it's a very gradual thing.
這是一個非常漸進的事情。