Coffee Traders Forum
[ Post a Response | Coffee Traders Forum ]
Posted by Tango
on June 8, 2020, 9:27 am
The OI has decreased for a change. Although there are many spreads involved, it appears that Friday’s steadiness was due to short covering. Whether it was managed money or not is unknown but their presence is at least diminished if not reversed. God bids are present at the lows and the 97.50 striking price. USDBRL is 4.9566 -0.0019 (-0.0383%) and USDCOP is 3,578.53 +10.33 (+0.29%).