Coffee Futures Bearish By 3% In The Last 5 Sessions

(VIANEWS) – Coffee (KC) has been up by 3.68% for the last 5 sessions. At 04:50 EST on Thursday, 8 February, Coffee (KC) is $187.00.

Volume

Today’s last reported volume for Coffee is 763, 96.25% below its average volume of 20374.1.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was 0.14%, 0.23%, and 2.95%, respectively.

Coffee’s highest amplitude of average volatility was 2.18% (last week), 1.89% (last month), and 2.95% (last quarter), respectively.

News about

  • Crude oil continues thin recovery, WTI struggles to reclaim $74. According to FXStreet on Wednesday, 7 February, "WTI remains down after a near-term rejection from the 200-day SMA just below the $78.00 handle, and US Crude Oil continues to trade into the middle of a medium-term congestion range that has hampered price momentum since declining below the 200-day SMA in November.", "According to the EIA, the US is set to see overall Crude Oil production to expand by an average of 160K barrels per day through 2024 after last year’s record 1.02 million barrel per day production expansion. "

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