Coffee Futures Is 2% Up In The Last 5 Sessions

(VIANEWS) – Coffee (KC) has been up by 2.31% for the last 5 sessions. At 23:53 EST on Friday, 5 July, Coffee (KC) is $230.55.

Volume

Today’s last reported volume for Coffee is 17558, 18.18% below its average volume of 21460.44.

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

  • According to FXStreet on Thursday, 4 July, "This, in turn, is anticipated to dent long-term fuel demand and is seen as a key factor exerting downward pressure on Crude Oil prices. ", "This led to the overnight slump in the US Treasury bond yields and dragged the US Dollar (USD) to a three-week low, which could further lend some support to Crude Oil prices. "
  • According to FXStreet on Friday, 5 July, "Moreover, the latest optimism over expectations of a pick up in fuel demand in the US during the travel-heavy summer season, along with speculations about OPEC+ cuts in the third quarter, should lend some support to Crude Oil prices. ", "The aforementioned fundamental backdrop suggests that any subsequent downtick might still be seen as a buying opportunity, though China’s economic woes warrant caution before positioning for any further gains for Crude Oil prices. "

More news about Coffee (KC).

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