imo, this week has seen a sea change in perceptions about the greenback..it's no longer seen as a safe haven....
the fed is in no hurry to raise rates and happy to watch the usd fall in value against all currencies because it improves terms of trade for america which creates jobs
as long as the fall is slow and steady us fed is happy...when america's trading partners finally wake up to what's happening(specially china) it will be too late
this is classic beggar thy neighbour policy...america desperately needs jobs..who wants to buy a currency of a country with debt loads like america has?
