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Posted by Tango
on May 30, 2019, 9:29 am
Short covering and long liquidation present in both markets yesterday. Activity across the board. Today the market has remained steady as buying begets buying as shorts are in a buying mode and delta shorts need to cover. Selling emerged wants the market traded above 102.00. Corrections are expected but skepticism is also present. USDBRL is 3.9807 +0.0065 (+0.16%) and USDCOP is 3,351.4299 +1.13 (+0.03%).