So crowded for so many good reasons, silly ones too…

It’s starting to remind me of queue of people trying to squeeze past one another, pushing toward the window to buy those last few concert tickets on sale. But in the $’s case, they ain’t pushing up to the window to buy.

To say the dollar trade is crowded is probably an understatement. Measured by the US Dollar index, the buck continues to channel down nicely…a tight orderly decline so far: