I’m thinking the central planners are finally starting to take the punch bowl away from the non-USA economies. Europe Asia etc. What I hear is non-US economies have improved enough, whereas the US economy has not been improving.
So it makes sense to me that it’s USA’s turn for a lower dollar stimulation, and it’s back to Europe’s turn for a higher Euro. (remove lower euro punch bowl now)
Bottom line. Resumption of lowering dollar, that they started in late 2016 at 103, run down to 91 in September. After which, they temporarily raised the dollar to 95 (Sept to Nov) and now need to re-pump the US economy before it drops dead again.