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Posted by Tango
on December 10, 2019, 9:34 am
An array of activity is again reflected in the OI, and consistent with the COT report. New buying and selling as well as liquidation on both sides continues. Origin selling, likely, in the forwards also continues. Today the market penetrated the 132.00 price but immediately invited selling, probably from trade, some in forwards. Attempts to drop below 130.00 however are met with support for now. Prices continue to be steady. Last is 131.20. USDBRL is 4.1443 +0.0021 (+0.05%) and USDCOP is 3,421.80 +8.80 (+0.26%).