What's Next for the US dollar: Up or Down?

With the dollar correcting off multi-decade highs vs. the EUR and JPY (and a record high vs the GBP), the forex market seems to have reached a crossroads. The factors pushing the dollar higher are still there but central banks, the latest being the Bank of England, which intervened in the bond market (I would not be surprised to learn it has been in the forex market as well), havefor now restored a two-way risk to what had been a one way street in the market.So, the question is what comes next? In this regard, one of our highly and long-time forex forum members posted the following, which represents his view, NS IA QWORTG REPEATING:Usd swissfrank 11:25 GMT 09/30/2022 Hk Ab 16:56 GMT 09/29/2022 With usd index at here, one