Published at 13:51 (GMT) 29 Sep

USD

COP FX continues to hover near its floor of 1910 while posting modest gains of 0.16% to 1915.55. Domestic news is limited and Latam FX and global markets provide mixed signals. US equity markets are positive, but this is weighed down by lower oil prices and global US$ strength. Traders are closely eyeing upcoming US consumer confidence data, but COP FX continues to exhibit exceptional strength despite Banrep's rate cut. We do believe COP FX is running out of steam, but watch US markets for intraday direction: 1910-1935.