Coffee Futures Bearish By 3% In The Last 5 Sessions

(VIANEWS) – Coffee (KC) has been up by 3.12% for the last 5 sessions. At 04:54 EST on Wednesday, 28 February, Coffee (KC) is $181.90.

Volume

Today’s last reported volume for Coffee is 424, 97.94% below its average volume of 20634.97.

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

  • Usd/cad sticks to intraday gains around 1.3525 amid weaker crude oil prices. According to FXStreet on Monday, 26 February, "Spot prices stick to modest intraday gains through the first half of the European session and currently trade around the 1.3525 region amid weaker Crude Oil prices.", "It, however, remains to be seen if spot prices could extend the momentum amid worries about supply disruptions in the Middle East, which could act as a tailwind for Crude Oil prices."
  • Crude oil resumes choppy channel, WTI recovers $77.50. According to FXStreet on Monday, 26 February, "Choppy sideways trading has been the name of the game in WTI US Crude Oil recently. ", "WTI prices have been hampered by the 200-day Simple Moving Average (SMA) at $77.62, a price that has seen Crude Oil spiral around since falling into the long-term region in November of 2022."

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