Forex – Colombia Flows: Trading sideways as EUR slides

January 3, 2013 by  
Filed under FX News

14:29 (GMT) 03 Jan Like most of Latam FX, COP has lost momentum, trading flat at 1763 in the first hour or so of trading as EUR slides. Despite official threats of intervention, COP is poised for another positive year, with positive seasonality and tax reforms likely to push COP to 1700 in Q1 after an unusually strong Q4.

FXstreet.com: Technical: Technical Market View

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