So what does it mean that the dollar is getting sold to multi-year lows against the Euro, people like Buffet and Soros not to mention many traders appear to believe that the dollar is heading much lower still, and yet it is claimed that growth in the US is powerful (8%+) while growth in the EU is virtually non-existent?
There is a disconnect there somewhere. Someone is either wrong or lying, it would appear. People are selling the dollar despite the growth stats which would normally make the dollar stronger rather than weaker.