You are right about the European central market. A Cabal to bring down the dollar? No. It's called "planned economy".
Milton Friedman, for one, has proven that inflation is largely a myth. And it is a myth created by those who like to invent hysterical reactionism as a means to "persuade" the investor.
I have happily noticed that our budget deficit has declined; and this ultimately means that while we are moving our exports, our dollar is long-term much stronger.
It all returns to the structure of the Chinese economy.
"It's my understanding that about 60 percent of China's exports are coming from foreign invested companies rather than Chinese companies."
(Page 28-congressional hearing...)
We are buying a lot of our own exports from China.
Exactly what do we export that china is refusing to buy ?