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Posted by Tango
on May 4, 2020, 11:04 am
Friday was a very low volume day with a narrower range that we have seem. The OI change is flat which indicates new vs old. Continuing with the COT this would be fund short selling with commercial and others short covering. Today the market is steady but quiet. USDBRL is 5.5932 +0.1076 (+1.96%). Note that the change is from last Thursday. On the CME USD is up .0158 against the BRL since Friday. USDCOP is 3,985.1299 +33.63 (+0.85%).