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Posted by Tango
on June 24, 2019, 9:19 am
We have a substantial drop in the Sep OI in a quiet market. A combination of the COT and the relatively low Sep OI may indicate a retrenchment of the market. The users and sellers can be any sector but probably specs on the sell side and on the buy side with commercials mixed in. Today the market showed initial strength but remains quiet and directionless. Weather reports continue to advertise periods of non threatening cold in the south. USDBRL is 3.8278 +0.0088 (+0.23%) and USDCOP is 3,197.4299 -4.57 (-0.1427%).