(VIANEWS) – Coffee (KC) has been up by 10.6% for the last 21 sessions. At 05:52 EST on Tuesday, 18 June, Coffee (KC) is $227.50.
Volume
Today’s last reported volume for Coffee is 2728, 87.29% below its average volume of 21477.72.
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 Monday, 17 June, "At the time of writing, Crude Oil (WTI) trades at $78.33and Brent Crude at $82.50"
- Crude oil snaps higher as hopes of rising demand continue to bolster barrel bids. According to FXStreet on Monday, 17 June, "WTI US Crude Oil climbed back over the 200-day Exponential Moving Average (EMA) at $78.81, tipping into the touch range of the $80.00 handle as it continues an extended recovery from the recent multi-month swing low at $72.45.", "A planned phasing out of voluntary production cuts for OPEC ally member states, OPEC+, is expected to begin later in the year as OPEC+ begins to crack under the financial pressure of trying to prop up global Crude Oil prices. "
- According to FXStreet on Tuesday, 18 June, "Apart from this, expectations that a drawdown in US inventories will tighten the market in the second half of the year should act as a tailwind for Crude Oil prices.", "Adding to this, the emergence of fresh buying around the US Dollar (USD), which continues to draw support from the Federal Reserve’s (Fed) hawkish outlook, might also contribute to capping gains for Crude Oil prices. "
More news about Coffee (KC).
