Roland Avante
Roland Avante
benchmark declining moving price spread
The US treasuries are declining in price but our comparative benchmark is not moving so the spread is declining.
companies demand easily market million oil price source spot
At a price of $67-68 a barrel, oil companies need to source about $100 million from the spot market in a month. At only $65 a barrel, this will go down to $60-$70 million, a demand that can easily be absorbed by the market.
buying dollars hunting levels low optimistic seen
We haven't seen the peso at low 52 levels for a long time, so those who are not so optimistic are now hunting for bargains. They are buying dollars at these levels.