Time to short the USD?

After a few weeks of positive data suggesting a later US rate cut than June and possibly only 2 cuts this year... It's not taken much for the market to jump back on the 'short USD' bandwagon. And today's jobless claims data coupled with yesterday's 'soft' services ISM has accelerated USD weakness and begs the question "is the USD shortable?". I would say yes, along with the JPY and CHF. Personally, I'm going to wait for 1hr swings, then determine which of the USD, CHF or JPY is the weakest at that time, and make a decision which one to short as part of a 'risk on' trade.

Of course, tomorrow's NFP could throw a spanner in the works and I would take any ongoing trades off before the data is released.