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Posted by Tango
on July 2, 2020, 10:18 am
The total OI continues to show a slight increase to no change while the Sep OI drops. We can assume that spreads are new while U is short covering and long liquidation. Activity is minimal today and the market continues to be steady as funds buy while commercials and other longs sell. The UZ has been weak and the ZH is also weak but trading at a considerable discount to the UZ. USDBRL is 5.2819 -0.0355 (-0.6676%) and USDCOP is 3,661.24 -52.03 (-1.4012%).