1) What is your opinion of forex traders who use PPP figures to predict the impact of exchange rate fluctuations on their investments? Are PPP figures a good (accurate) investment tool?

2) I am reminded of how quickly confidence in the Euro increased during the US debt crisis in 2008. However, it was a short lived level of confidence, prompting some investors to look even further afield for a currency worth buying. Did any other currencies have an upsurge in 2008-2010?