Currency Deal in the Works??

From the IBTIMES.com today - The International Monetary Fund (IMF) said it will sponsor a high-level conference on “Macro-Prudential Policies: Asian Perspectives in Shanghai” on October 18, with the participation of central bank governors and other officials from Asia, Africa, Europe, and North and South America.

It looks like some sort of currency deal, akin to the Plaza Accord, is in the works. Notice how the meeting is being held in Shanghai, China - I guess the balance of power has shifted from the west to the east. Looks like a good time to start thinking about shorting the Euro versus some Asian currencies.