=> Here we are tracking a break to the upside in USDCOP with a target of 3223 => This flow is trading the recent underperformance in Columbia and playing it against USD strength via inflation and bond to equity flows. => This should be a quick and sharp move with low political risk in Columbia and upside in Oil prices being capped for now.(edited) => If risk rises globally we see COP getting hammered and experiencing real pain with the knife being stuck in because of the low carry and less hawkish BanRep(edited) => Good luck to those few who are trading this cross