Wagner Mathias

The U.S. dollar remains under pressure, with the dollar falling to around a three-month low against the euro. The DXY was recently around 98.8, close to its latest lows. 🔎 Why is the dollar falling? Treasury buyback concerns: The U.S. Treasury's expanded purchases of longer-dated debt have raised concerns about fiscal policy and the long-term attractiveness of U.S. assets. Bond-market pressure: The 30-year Treasury yield reached about 5.34%, its highest level since 2007, highlighting concerns over U.S. debt and fiscal sustainability. Fed uncertainty: Markets are watching Fed Chair Kevin Warsh's upcoming Jackson Hole remarks for clues about the future interest-rate path. Risk-on demand: A weaker dollar has coincided with strong moves in gold and Bitcoin, as investors seek alternatives to traditional dollar exposure. 📊 Technical outlook DXY: Bearish while below the 99.0–100.0 region. Recent weakness around 98.55–98.80 keeps the short-term trend under pressure. A decisive break below the recent low could open the way toward the next support zone. Bullish scenario: Reclaiming 99.0–100.0 would improve the dollar's technical structure. Market impact: Continued dollar weakness could remain positive for gold, Bitcoin and other dollar-priced assets, although a sharp rise in Treasury yields could create volatility. Overall: 🟥 Short-term bearish USD bias — traders are likely to focus on Jackson Hole, Treasury policy and U.S. yields for the next major move. #USDollarFallsToThreeMonthLow #TeslaHitsMonthlyHigh #GoldReboundsNearly5% #USRefinersFaceLoomingCrudeSupplyDrop #levelsabovemagical