Michael McDonald from Bloomberg News presents the recent data of investing patterns of the pension and hedge funds industry as provided by a Greenwich Associates survey. He, and probably the data as well (?), suggests the dollar may fall to a 10-year low in the course of massively increasing Foreign Currency positions of the named funds.

Three quarters of the money flowing into U.S. mutual funds in the first seven months of the year - $113 billion - has gone into foreign securities, according to Financial Research in Boston. Pensions, hedge funds and endowments are also shifting from U.S. assets, lifting investments in international stocks by 72 percent to $1.05 trillion in the year through February, a Greenwich Associates survey showed.

Via: Currencies: Pension and hedge funds could push dollar down

My emphasis is on the words "has gone" - past. Such an immense pressure was so far this year not able to shift the dollar substantially. In recent time the dollar is even showing quite a strength against the Yen for example. Against the Euro the trend is unclear, flat, even if somewhat volatile. What, all this money couldn't push the dollar further down?