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Posted by Tango
on August 19, 2019, 9:32 am
The OI shows rolling from Sep to Dec indicating that traders are content with their positions. The increase in the total could be new spreads as well but it can also be new buying and new selling in the outright market, and likely funds selling to commercials mostly. Today we have a quiet market that is attempting to firm but meeting resistance. USDBRL is 4.0056 +0.0002 (+0.005%) and USDCOP is 4.0056 +0.0002 (+0.005%).