Is the US Dollar Setting Up for a Collapse?

The U.S. dollar peaked in early 1985 when looked at in terms of the last 40 years,

Stepping back, we see the recent dollar strength is just a blip in a great downtrend. Dollar weakness has again developed since the start of the year. Has all that money printed by the Fed finally saturated foreign exchange markets, which will result in a resumption of the long-term downtrend in the dollar? Very possible. -RW

Forty Year Chart

Five Year Chart

One Year Chart

Dollar Activity Since the Start of the Year