Morning traders, USDJPY longs would have been a good trade after the BoJ but momentum kicked in overnight so we missed it, now our focus is on the CHF, the SNB will release their interest rate decision in about 40 minutes and we expect 100bps "or higher" to quote Goldmans, on top of the large hike we should hear hawkish commentary to further support the CHF momentum, with that said, EURCHF shorts remain our only and currently favorite trade Else, Dollar strength is back on already across the board, as mentioned yesterday there's nothing dovish from Powell, besides some short term volatility, the medium term macro trends of Dollar up, crypto down, and stocks down should remain well intact going forward