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
— Game of Trades (@GameofTrades_) 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
— Game of Trades (@GameofTrades_) July 18, 2023
Inflation is dead bros!
Isn’t it? https://t.co/aLHKu7XZ4k
— The Macro Guy (@SagarSinghSetia) July 18, 2023
While the summer of disinflation is still looking good, unfortunately we'll get a boost to medical care services in the October CPI report (in Nov), as the health insurance index swings from about -4% to +1.1%. Could push the core into the low 0.3% area.
— Omair Sharif (@fcastofthemonth) July 18, 2023
The US 3-month Treasury 18 mo Foward minus the 3-month Treasury doesn't seem to think a soft landing is coming pic.twitter.com/rfdY80MQNy
— Michael J. Kramer (@MichaelMOTTCM) July 17, 2023
