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Posted by Tango
on June 10, 2019, 9:39 am
The sharp drop in the OI indicates short covering and long liquidation in the forum of spreads, EFPs, and outright trading. Today these dynamics continue with the added ingredient of option trading related to Thursday’s options expiration. The market is quiet and on the weak side. USDBRL is 3.8812 +0.0038 (+0.10%) and USDCOP is 3,253.6899 -12.56 (-0.3845%).