Market
Posted by Tango
on July 19, 2022, 9:19 am
I agree with Nagual that the market has gotten difficult. It continues to be steady but it isn’t really going anywhere. The buying of yesterday is lacking with the exception of momentum funds that reversed yesterday and continue to buy today. Trade is of course selling. Implied volatility is down again today (KC VOL Change: {{U -1.1%, V -0.55%}}, X -0.35%, Z -0.3%, H -0.2%, K -0.2%), as well as actual volatility. The front 3 spreads are slightly steady and the rest of the board is about unchanged. USDBRL is 5.3833 -.0550 -.98%. $Index is also lower.
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