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Posted by Tango
on February 14, 2020, 9:20 am
March liquidation seems to be in the form of rolling and outright. Fund shorts probably buying from commercial and other longs. Today prices experienced straight buying prior to 8:00 and intensified after making fund buying pretty obvious. The market is above 110.00 and very few dips have taken place. The strength is impressive. USDBRL is 4.3041 -0.0457 (-1.0506%) and USDCOP is 3,369.00 -5 (-0.1482%).