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Posted by Tango
on November 27, 2019, 9:35 am
OI continues to rise as new buying and new selling is highlighted. Lots of EFPs across the board and forward outright activity. Today the market is quiet but steady with 107.00 as a point of contention. USDBRL is 4.2581 +0.0251 (+0.59%) and USDCOP is 3,496.6699 +22.67 (+0.65%) but the market is not reacting much to the LatAm currencies’ weakness. Forward selling is not evident today but there is a 414 lot EFP posted which can be either consumer or producer. There is also a 255 lot bid in TAS. EFPs and up OI are also present in RC, but I think that funds are still short in that market.