When the MPC votes came out with a 7-2 vote to stay with 2 wanting an increase in interest rate for the UK, the GBP shot up.
I squared at 1.6675 for a trading profit of 30bps.
Later on it came down and stabilized at about the 1.6640s range.
When the MPC votes came out with a 7-2 vote to stay with 2 wanting an increase in interest rate for the UK, the GBP shot up.
I squared at 1.6675 for a trading profit of 30bps.
Later on it came down and stabilized at about the 1.6640s range.
I am born in the Year of the Tiger.