Coffee Traders Forum
[ Post a Response | Coffee Traders Forum ]
Posted by Tango
on December 5, 2019, 9:26 am
OI continues to be unclear as EFPs EFSs and spreads are playing a part in the activity. However the outright volume was greater than both the March and the total by more than 50%. RC clearly shows short covering and liquidation. Buyers again emerged today at 8:00 as expected. The market continues to be steady as it is trying to remain above 124.00. USDBRL is 4.2121 +0.0044 (+0.10%) and USDCOP is 3,455.47 -12.03 (-0.3469%). TAS is now almost net flat.