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Posted by Tango
on May 6, 2021, 9:57 am
The OI has been either unchanged or higher. Yesterday’s increase is indicating new buying and new selling. Most likely it is mimicking the COT report in which new fund buying and new commercial selling are dominating. Forward selling has subsided as the Real strengthened. USDBRL is 5.3005 -0.0537 (-1.00%). USDCOP is 3,814.3799 -34.00 (-.88%). Market behavior suggests buying dips 151.00 last.