Cocoa Futures Is 2% Up In The Last 5 Sessions

(VIANEWS) – Cocoa (CC) has been up by 2.31% for the last 5 sessions. At 14:52 EST on Monday, 5 June, Cocoa (CC) is $3,060.00.

Volume

Today’s last reported volume for Cocoa is 28784, 99.78% below its average volume of 13678332.68.

Volatility

Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.59%, a negative 2.64%, and a positive 2.90%, respectively.

Cocoa’s highest amplitude of average volatility was 0.59% (last week), 3.15% (last month), and 2.90% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Cocoa’s commodity is considered to be oversold (<=20).

News about

  • According to FXStreet on Monday, 5 June, "In doing so, the Indian Rupee (INR) pair cheers the US Dollar strength, as well as downbeat sentiment and the firmer Crude Oil price to propel the pair of late.", "Adding strength to the USD/INR pair could be the latest strength of the WTI Crude Oil and the risk-off mood, led by the fears of the US-China tussle and the Russia-Ukraine war."
  • According to FXStreet on Monday, 5 June, "In addition to the pre-data/event caution, firmer prices of Canada’s main export item Crude Oil and the upbeat US Dollar also challenge the pair’s latest moves."
  • According to DailyForex on Sunday, 4 June, "The West Texas Intermediate Crude Oil market initially fell during the trading week, only to turn around to show signs of life again. "

More news about Cocoa (CC).

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