No matter what bad things they tell you about the US dollar don’t believe them (:
I know we laugh about the toilet paper, but bottom line every one love US dollar.
Like you say ;"im thinking US dollar rallies hard this summer" but I don’t think so, you think on the dollar in a local matter because that's your currency.
I look at the dollar in a global matter; the dollar drop hurt so many international businesses and it let many companies abandon the dollar and start naming there price in there local currency.
Those who trade Forex don’t remember such negativity on the US dollar, the problem with the dollar is there are some countries who start to interfere with the dollar and enter them self in to a long term plan start buying US dollar to stop the fall and help there local export from going chapter 11(the central Israeli bank for example going to buy 250 mil every day for the next 3 years and all this because the dollar drop so low and our local currency getting strong)
The problem if you want to see a recover on the US dollar you need first to have a strong American economy recover, and that is very far right now, the US dollar wont recover so fast just because it drop so low and lots of trader looking for a cheap price to buy, it wont work,the dollar currency is not just a piece of paper it’s an exact mirror on your economy, I see the dollar doing a fix on the chart and enter his long consolidation and even lower until you will see some positive strength on the US dollar. .
If you will take the Gold this days even in such high prices is till a better investment for the short/mid term then investing your money on the US dollar.
Just give it time soon we are entering into the Q season all those big company going to show some loss and the dollar will take the blame on that.