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Posted by Tango
on May 19, 2020, 10:48 am
Slightly elevated OI indicates new buying and selling but the increase is small enough to indicate liquidation as well. The marker behaved as it has been as rallies are magnets for sellers. Between 106.00 and 105.00 there was lots of commercial buying. EFPs stretched the span of the board as commercials are hedging possibly on both sides of the physical market. The market for now has regained a steady momentum. USDBRL is 5.7495 +0.0305 (+0.53%). USDCOP is 3,816.1101 -34.89 (-0.906%).