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Posted by Tango
on September 13, 2019, 9:29 am
The OI continues to show liquidation on both sides, and also an exodus on the DecMar spreads as longs try to liquidate. The question of longs liquidating outrights today, Friday, is of course valid. However, itís difficult, for me anyway, to determine whether short term traders are long or short. In any event, as we see on the OI longs are and have been liquidating. Letís see if the fund buyers can again outmatch them. The Real has gained from the lows as USDBRL is 4.0567 -0.0035 (-0.0862%). USDCOP is 3,351.47 -11.53 (-0.3428%).