For example, when talking about the level of interest rate, some people tend to think it is solely determined by the cost of fund, without giving due consideration to market supply and demand. This is similar to the improper understanding of the factors determining the price of goods in the early stage of reform.
With the United States being perceived as the country most likely to need higher interest rates, we should not be surprised by an international adjustment mechanism which has seen other currencies all falling by a somewhat similar amount against a rising US dollar.