The DXY is a few pips away from breaking below the Sept 22, 2008 low of 75.89 – from there, there is very little support until 70. That was the level of support in early 2008 and is the low since the early 1970’s. Euro hit $1.4821 today, dollar’s lowest point in a year. There hasn’t been strong talk on the part of non-US central bankers and thoughts are that it isn’t causing such a concern. Also, increasing likely the Fed won’t raise rates. Everything points in the direction of – short the dollar.