January 01, 1970
The U.S. dollar may experience a technical retracement or consolidation, but a sustained downside reversal will require a dovish pivot by the Fed and stronger Chinese growth. These conditions are not in place right now and it is too soon to bet against the greenback.
USD/CAD can diverge from the general trend of a stronger greenback. The BoC is more hawkish than the Fed, energy prices are well supported, and the Canadian dollar is cheap.