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Posted by Tango
on February 7, 2019, 9:26 am
Volume was dominated by spreads and any outright activity seems to be short covering, and, in yesterday’s case, new selling. But with options expiration the OI changes are likely linked accordingly. Funds short covering, if actually so, is significant however. The market today remains quiet and under pressure but is resilient for now. MarMay spread is steady and trading at -2.95. USDBRL is 3.7121 +.0139 +.35% and USDCOP is 3106.5 +2.50.