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Posted by Tango
on January 22, 2020, 10:30 am
The OI speaks for itself. In addition to the unusually high activity in EFP, EFS etc., the market was the focus of short covering and long liquidation. Possible origin selling is not present today. Forward bids are scattered but the selling is programmed to continue. Intervention buy buyers is not evident other than resting bids. USDBRL 4.1842 -0.0281 (-0.6671%) and USDCOP is 4.1842 -0.0281 (-0.6671%).
RC OI reflects the correction of the over-reporting addressed by ICE in their alert.