• USD/COP slips as Peso bounces with oil recovery

    Source: FxWire Pro - Technicals / 02 Feb 2015 11:51:29   America/New_York

    Source: Thomson Reuters


    • USD/COP slips 1.47%, peso benefits from recent oil rebound

    • Crude must maintain gains or stability to help COP further

    • C.bank was dovish due to lower GDP fcast, but still on hold

    • USD/COP struggling to hold below 2400, near Fib of Jan move

    • Further slide may put focus on Jan low 2342.08

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