UUP Daily Trend Model
I'm not going to even pretend to know what global financial currents affect currency trends, but I can recognize a well trending trading vehicle when I see it and this one speaks for itself. Looking at the recent historical performance of this trading model, it appears that about 2 out of 3 trend signals work for gains of between 5-10%, while the losers drop maybe 2% before getting stopped and reversed.
For what it is worth Prechter is very bullish on the US Dollar, suggesting a surge higher in the coming months. The above trend model isn't so prescient, suggesting only that the trend is up and that should be good enough for now.