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Posted by Tango
on May 1, 2020, 9:55 am
New vs new continues. New consumer bids are being filled spec front selling, imo. Spreads are softening as a result but remain in demand. The market is quiet weak with the potential of upward strength. Brazil is closed for May Day and the CME shows USDBRL trading 5.5536 +.0678 (+1.24%).