As a FX-trader I have followed the dollar for some while now but I won't go any deep into some dollar-analysis on either short or long term.
The dollar will probably keep falling towards the Euro and other currencies.
1 hour ago US lowered their interest rate again to handle the sub-prime/housing problem, this won't get the dollar higher in the medium term.
Another big fundamental thing why I belive of lower dollar in the future is that china and other big countries are moving there currency-reserve in dollar towards euro/pound...
So, even if the dollar is 13 year low to the euro there is no thing as "it cant get lower" .. so I say EUR/USD towards 1.5 in the near term then targeting 1.59, 1.68, 1.76 ...
Result, higher USD-prices for our reps
Good or bad? for me it doesnt matter.
take care,
M