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Morning traders, yesterday's BoE unscheduled announcement of a new bond purchasing program triggered a short term turnaround in bonds and yields which consequentially triggered a pullback in stocks and the Dollar, is this BoE move enough to trigger a change in the macro trend? Not at all, the inflation problem doesn't get solved with a fresh QE program, the medium term macro trend of Dollar strength, weaker stocks and crypto will remain intact Now that we are getting a bit of a Dollar pullback we begin to actively look for Dollar longs across the board, ideally we get another couple of days of Dollar weakness and then we can jump at good levels, in the meantime, sticking with AUDCHF shorts which should resume doing well in this macro context

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