The International Monetary Fund said traders are probably using the dollar to fund “carry trades” around the world and the currency may still be overvalued even after its slide this year.
Below the daily chart with weekly blocks and hedge percentage.
The full article by Bloomberg(c) on:
http://bloomberg.com/apps/news?pid=20601068&sid=agLkrj4ZwFTw
Trading Forex in Baskets to diversify trading risk for both, speculative trading or hedging Forex risk by 

