(VIANEWS) – Corn (ZC) has been up by 5.78% for the last 10 sessions. At 05:52 EST on Thursday, 13 June, Corn (ZC) is $471.25.
Volume
Today’s last reported volume for Corn is 8729, 93.43% below its average volume of 132868.39.
Volatility
Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.79%, a negative 0.33%, and a positive 2.49%, respectively.
Corn’s highest amplitude of average volatility was 0.79% (last week), 0.69% (last month), and 2.49% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Corn’s commodity is considered to be overbought (>=80).
News about
- According to FXStreet on Thursday, 13 June, "Apart from this, some follow-through US Dollar (USD) buying, bolstered by the Federal Reserve’s (Fed) hawkish surprise, further seems to undermine USD-denominated commodities, including Crude Oil prices.", "That said, persistent geopolitical tensions in the Middle East might continue to lend some support to Crude Oil prices and limit losses."
- According to FXStreet on Wednesday, 12 June, "At the time of writing, Crude Oil (WTI) trades at $78.28 and Brent Crude at $82.36"
- Crude oil at risk of snapping recovery streak as markets head towards Wednesday’s fed showing. According to FXStreet on Tuesday, 11 June, "API Crude Oil stocks for the week ended June 7 contracted by 2.428 million barrels, steeper than the forecast -1.75 million drawdown and helping to eat away at the previous week’s 4.052 million barrel buildup.", "West Texas Intermediate (WTI) US Crude Oil failed to extend an ongoing recovery on the back of renewed hopes of a global supply drawdown. "
More news about Corn (ZC).
