The USD staged a blast recovery last week, and there could be an attempt seen to break even higher.
"That would happen if, Fed leaves December hike on the table this week (likely) or growth data disappoints, notably US GDP, this is unlikely, risk off. In other words, both the extremes are USD positive, but negative risk sentiment more (lastingly) so. Thus it is still doubtful if the USD rally would last beyond one week or two", says Nordea Bank.
Better global growth figures and inflation should put it under pressure as the risk appetite improves. The hope is still for China to stabilize cyclically, there are real indications of that happening.