(VIANEWS) – Cocoa (CC) has been up by 9.14% for the last 21 sessions. At 08:55 EST on Thursday, 22 August, Cocoa (CC) is $7,475.00.
Volume
Today’s last reported volume for Cocoa is 3237, 99.96% below its average volume of 9397786.71.
Volatility
Cocoa’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.29%, a positive 0.82%, and a positive 1.83%, respectively.
Cocoa’s highest amplitude of average volatility was 2.15% (last week), 1.65% (last month), and 1.83% (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, 20 August, "At the time of writing, Crude Oil (WTI) trades at $73.05 and Brent Crude at $76.76."
- According to FXStreet on Tuesday, 20 August, "These were mainly driven by higher shipments of milk powder, butter, and cheese (+11%); fruit (+28%); preparations of milk, cereals, flour, and starch (+86%); and Crude Oil (+310%)."
- According to FXStreet on Wednesday, 21 August, "Apart from this, a surprise rise in US crude inventories continues undermining Crude Oil prices.", "Apart from this, the prevalent US Dollar (USD) selling bias, fueled by the growing acceptance that the Federal Reserve (Fed) will begin its rate-cutting cycle in September, could lend some support to Crude Oil prices and help limit further losses. "
- According to FXStreet on Wednesday, 21 August, "The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, is in a similar pattern as Crude Oil as it tries to snap this week’s losing streak. ", "At the time of writing, Crude Oil (WTI) trades at $73.07 and Brent Crude at $76.79."
More news about Cocoa (CC).
