Largest Currency Hedge Fund: Euro Will Depreciate to $1

``The world’s largest currency hedge fund, John Taylor’s FX Concepts, predicted that the euro will depreciate to $1 in 2011. John Taylor suggests buying the Australian dollar and selling the euro. John Taylor’s global currency fund gained 12.53% in 2010, and lost 17.90% in 2009. The fund returned an average 10.46% since March 2001.''