I always look at the DXY U.S. Dollar Index. To remind you, when this index goes down, markets go up.
In simple terms, the dollar gets cheaper and money runs into assets, chasing the depreciation.
This time again, the price has approached an important level that could send the index into a bullish rally.
And as soon as that happened, the U.S. Treasury immediately entered the debt market.
The stated reason was something like maintaining liquidity in older, less actively traded issues and buying back Treasuries.
Yesterday, it said that on September 10 it will conduct a buyback of up to $6 billion in bonds with maturities of 10–20 years.
But previously the standard maximum volume of such operations was only about $2 billion.
In effect, they’re trying to ease the imbalance: they buy back part of the old long bonds, supporting liquidity and reducing the pressure of supply on the market.
Sometimes you look at this and you see that it all works in manual mode for them.
As soon as they reached an important level, the right news was dropped immediately, and they arranged a long liquidation.
This is in response to the question of why I don’t read the news—I always watch only the chart instead of wasting time on someone’s crazy posts about how the whales showed up and started a correction $BTC
The market will provide opportunities to buy 🤝
In simple terms, the dollar gets cheaper and money runs into assets, chasing the depreciation.
This time again, the price has approached an important level that could send the index into a bullish rally.
And as soon as that happened, the U.S. Treasury immediately entered the debt market.
The stated reason was something like maintaining liquidity in older, less actively traded issues and buying back Treasuries.
Yesterday, it said that on September 10 it will conduct a buyback of up to $6 billion in bonds with maturities of 10–20 years.
But previously the standard maximum volume of such operations was only about $2 billion.
In effect, they’re trying to ease the imbalance: they buy back part of the old long bonds, supporting liquidity and reducing the pressure of supply on the market.
Sometimes you look at this and you see that it all works in manual mode for them.
As soon as they reached an important level, the right news was dropped immediately, and they arranged a long liquidation.
This is in response to the question of why I don’t read the news—I always watch only the chart instead of wasting time on someone’s crazy posts about how the whales showed up and started a correction $BTC
The market will provide opportunities to buy 🤝
