been thinking about this treasury bond buyback program and the clarity act. its kind of funny cuz the fed chair is trying to be hawkishh and keep rates high, but the treasury is basically doing the opposite by buying back bonds to inject liquidity. its a weird tug of war between the two biggest players in the us economy.
if the treasury keeps pumping liquidity while banks start moving their balance sheets into btc infra, dxy is gonna struggle hard. i’m seeing some strength in eurusd and gbpusd because of this. the dollar might look strong on the 15m chart but the macro flow is leaning bearish.
do u think the dxy is actually going into a death spiral or is this just a temporary dip before another pump? i’m waiting for a clear break of the current support before i go heavy on the shorts. lmk what ur charts are saying about the usd long term.