The dollar moved up with Trump election on positive economic projections. Now that’s going away because of the swamp. Then as usual the bipartisan swamp will not do what’s best for the people or economy. Trump had to go to the Demos this time to get help for Texas but they will not help lower taxes esp for business not lower insurance costs or stop fines neither side apparently.
For now this has changed the direction of the dollar.
Then there’s other factors like fires and hurricanes that would make it very difficult for the Fed to increase interest rates.