Like I mentioned in my dec 6, 2022 update, I liked paying forwards. Forwards have bounced sharply. 30 Nov 23 forwards are 10 bps higher (prev close 1.77%) with 129 trades going through and volume of $ 1.20 bn. Stay paid !!
Dec 15 2022 - Forwards continue to be paid with the Nov 2023 contract trading upto a high of 2.05%. I'd like to book some profit at the current level (40% of the position size).
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