Weak Dollar a concern for Asia

Talk last night that policy makers from South Korea, Japan, China and other members of ASEAN met to discuss the weak dollar. Clearly the ever weakening dollar has been bothering this region. This is eveident from the continued smoothing (intervention) which takes place almost everyday in the market. This intervention is not aimed at changing the direction of the dollar but rather to slow the move. All this being said I look for dollar Asia to continue to weaken with Korea and Taiwan leading the way. 1000 in the Korea was already breached yesterday and I feel that we will be comfortably below that level early next week.