The dollar's strength was

1. technical (oversold)

2. And more importantly I think deleveraging (that selling should be over by the end of December as the 45 day redemption notice was mandatory by Nov 15 or thereabouts)

True, more deleveraging will continue to take place but at a much slower and less forced pace. So yes the oversold became overbought and the deleveraging effect will be gone. If the writers who put forth that premise were correct the "dollar will drop like a stone."

P.