Colombia Morning Markets Report: Friday’s Risk-Off Echo Still Shapes COP And COLCAP

2026-02-02 - 09:15

Key Points USD/COP opened near 3,675, after Friday’s close near 3,674 and a late-week dollar bounce. COLCAP is consolidating after a fast January run, with momentum still elevated but cooling. Friday’s tape was driven by global risk moves, not a Colombia-specific shock. Colombia started Monday with USD/COP near 3,675.5, almost unchanged from the prior close.