Unless you are a seasoned currency/forex trader with time and capital, the best thing to do when you are thinking of investing in currencies is to lie down in a quiet room until the feeling wears off.
The furthest I would go is to put 10% of your liquid assets into gold, and leave the rest on deposit, half euro, half dollar. Then get on with your life rather than thinking you can trade those markets on a daily or hourly basis.
Interest rates and oil have the major influences over the Dollar prices at present.
This is shown by the weakening of the Dollar with the FEDS rate cut with investors returning to oil for now...
But the dollar is getting stronger...
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