3X6 FRA trading at 1.2660/1.2860, this is going to shift the long end. Think mite see some flattening next week of the curve. It's going to burn sterling
My dull trade that i've been running overnight has finally come good and i've no idea why, anyone care to enlighten me? I'll hang on a bit longer even though this is getting towards tha back end where I want to be trading.