USD closes lowest weekly candle since April 2022, Fed’s influence less significant.US 3-month Treasury 18-month Foward suggests soft landing unlikely.

USD has just closed its lowest weekly candle since April 2022 With the break of key support and a bearish MACD cross, downward momentum looks dominant pic.twitter.com/Y7OhawkHjX — Bravos Research (@bravosresearch) July 18, 2023 2-year Treasury yield and USD have significantly diverged Signaling that the Fed has mattered less to the Dollar in 2023 pic.twitter.com/CFsDKmAvYv …

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