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BoE QE Total
The presented indicator estimates the total value of the open market debt securities trading volume planned by the Bank of England. It is, in turn, a way to influence interest rates. This monetary policy tool is traditionally referred to as quantitative easing.
Previous studies trading on rollbacks have shown the usefulness of such a strategy for a number of economic events in the US, Australia and the Eurozone. Now let's see if trading on rollbacks is suitable for UK events.