Key Points The peso strengthened to about 3,649.7 per dollar as the market extended a multi-month downtrend in USD/COP. Colombian equities hit fresh records, with the MSCI COLCAP closing at 2,236.51, up 1.05%. Momentum is extreme on both fronts: USD/COP looks stretched to the downside, while the COLCAP looks overheated. Colombia opened Wednesday with the […]