(VIANEWS) – Cocoa (CC) has been up by 5.38% for the last 10 sessions. At 05:50 EST on Thursday, 7 September, Cocoa (CC) is $3,606.00.
Volume
Today’s last reported volume for Cocoa is 1845, 99.98% below its average volume of 12469048.94.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was 1.33%, 2.04%, and 1.78%, respectively.
Cocoa’s highest amplitude of average volatility was 1.33% (last week), 2.36% (last month), and 1.78% (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 Tuesday, 5 September, "In the meantime, the optimism that additional stimulus from China, to shore up a slowing economic recovery will boost fuel demand and lend additional support to WTI Crude Oil prices. ", "Western Texas Intermediate (WTI) Crude Oil prices enter a bullish consolidation phase during the Asian session on Tuesday and oscillate in a range around mid-$85.00s, just below the 2023 peak touched the previous day."
- According to FXStreet on Wednesday, 6 September, "Apart from that, the US Dollar Index (DXY) seesaws at the highest level since March 15, dicey near 104.80 at the latest, while prices of Gold and WTI Crude Oil tread water around $1,925 and $86.40 as we write. "
- According to FXStreet on Tuesday, 5 September, "This could mean that the Crude Oil price is about to see some profit-taking, but traders await further confirmation of more OPEC+ members and their possible firm commitments toward supply cuts.", "At the time of writing, Crude Oil (WTI) price trades at $84.72 per barrel and Brent Oil at $87.99."
More news about Cocoa (CC).
