If they want it to spike, they will make it spike. And probably use the money they make to buy commodities and metal miners cheap from the people they scare away from stocks. But long-term this pooch is screwed. There is absolutely no change in policy coming....more likely more spending (unemployment, Obamacare, extend/expand the home buyer tax credit, more bailouts--probably states and more banks, and so on). So yeah, a rally in the dollar might happen...could be the expected downturn of the GBP, their economy is worse than ours. Long-term....down and down hard.