Coffee Futures Over 7% Down In The Last 10 Sessions

(VIANEWS) – Coffee (KC) has been up by 7.55% for the last 10 sessions. At 05:52 EST on Thursday, 17 August, Coffee (KC) is $151.15.

Volume

Today’s last reported volume for Coffee is 1383, 93.11% below its average volume of 20074.35.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.66%, a negative 0.07%, and a positive 1.96%, respectively.

Coffee’s highest amplitude of average volatility was 2.01% (last week), 1.66% (last month), and 1.96% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Coffee’s commodity is considered to be overbought (>=80).

News about

  • According to FXStreet on Tuesday, 15 August, "As per the latest Weekly Crude Oil Stock from the American Petroleum Institute (API), the oil inventories dropped by 6.195 million barrels during the week ended on August 11 versus the previous addition of 4.067 million barrels."
  • According to FXStreet on Wednesday, 16 August, "This, in turn, is seen as a key factor acting as a headwind for the USD/CAD pair, though weaker Crude Oil prices d undermines the commodity-linked Loonie and should help limit the downside, at least for the time being."

More news about Coffee (KC).

Leave a Reply

Your email address will not be published. Required fields are marked *