Yes indeed.
The 2 Major events that will impact USD capital flow to the upside as I view it :
a) Fed taper - tightening of money supply as they let the bonds roll off and not roll them over. Does not require interest rate increases.
b) Trump's tax plan where corporate rates are dropped AND geared towards corporate profits were held overseas tax free, with the incentive to "bring money
back home for reinvestment and R&D). If profits were held in foreign currency like Euro, Yen, etc. This will cause selling those currencies and buying USD to
repatriate back home.
If the Fed Taper causes a market crash/recession, and they abandon the tapering, then it's a whole different scenario once again.