Either the prospect of a stabilizing and recovering world economy or the prospect of rising interest rates in the USA are supporting the dollar. Effectively, the dollar rallied a bit as gold declined a bit. The dollar touched a three-month high against the currencies of major U.S. trading partners as the Federal Reserve said the economy improved while reiterating it will keep borrowing costs low for an “extended period.”

What does this mean? Nothing. Our investors are long term and CR Capital´s long term assessment is that the dollar will either devalue abruptly at some point as its position as the world´s reserve currency slips or gradually but it will continue to devalue because of the macroeconomic situation, most notably US federal debt. We recommend “cost averaging” slowly out of dollar and into a basket of competing hard currencies, most notably the Euro. Remember, we sit on cash as a mechanism to store value that is waiting to be cost averaged into emerging market equities. Cash and short term deposits are not the investment per say but the storer of value. The dollar is a long term declining storer of that value which is why we cost average away from it.

http://www.bloomberg.com/apps/news?pid=20601087&sid=asvIculEQsI0&pos=5

Long term vision will appreciate your capital over the next 3,.5,7 and 10 years.  Stay the course with discipline and patience.