Coffee Futures Bearish By 2% In The Last 5 Sessions

(VIANEWS) – Coffee (KC) has been up by 2.63% for the last 5 sessions. At 14:51 EST on Thursday, 10 August, Coffee (KC) is $159.20.

Volume

Today’s last reported volume for Coffee is 30424, 55.91% above its average volume of 19512.98.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.18%, a negative 0.14%, and a positive 2.02%, respectively.

Coffee’s highest amplitude of average volatility was 1.70% (last week), 1.69% (last month), and 2.02% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Coffee’s commodity is considered to be overbought (>=80).

News about

  • According to FXStreet on Wednesday, 9 August, "Apart from this, a mildly softer tone around Crude Oil prices could undermine the commodity-linked Loonie and lend support to the USD/CAD pair. "
  • According to FXStreet on Tuesday, 8 August, "Weaker Chinese trade data revives fears about faltering recovery in the world’s second-largest economy and weighs heavily on Crude Oil prices. "

More news about Coffee (KC).

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