The USD is heading for third-world-currency status imo. Nothing to do with other-currency strengths, more that the fed. has given up any pretense of wanting a strong dollar, instead content to print more as needed. And while a major rush to sell the USD would results in a collapse of the financial markets (so won't happen), expect to see the devaluation rate increase rather than decline...

I recall a few years ago that people were laughing at Warren Buffett's decision on being short the dollar (as was Bill Gates if memory serves...) - he was getting 'killed' at the time as the greenback rebounded. His response: he "wasn't worried" - as long as the US monetary policy remained as it was, he was confident the dollars decline was assured!

How right he was.....