Today the market is again on the weak side but there is buying building up in the front months and in the forwards. The market has periods of brief strength but selling has been consistent. We will see what 8:00 brings but it will likely be selling. USDBRL is 4.9333 on the CME +.0219 vs the spot close. USDCOP is 3,825.6499 +6.31 (+0.17%). Macros are mixed this morning with equities higher, metals lower and softs slightly lower.
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