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Posted by Tango
on June 25, 2019, 9:38 am
The change in the OI is up but not by that much indicating a variety of sectors affecting both negative and positive changes. Robusta had a high number of EFPs which are likely linked to deliveries. Today the market had an early move higher but gains could not be sustained. Corrections are certainly on the menu and make for a good day trading market. Weather services state that a cold front is approaching, including Somar. But, another service commented that temperatures are non threatening yet cold enough that they should be watched. The market is presently stuck in the mid 104.00 area and remains on the steady side. USDBRL is 3.8314 +0.0066 (+0.17%) and USDCOP is 3,189.53 -1.97 (-0.0617%).