Tuesday, May 5, 2026
Search

Coffee Futures Bearish Momentum With A 3% Drop In The Last 5 Sessions

ViaNews Editorial Team

October 2, 2024

Coffee Futures Bearish Momentum With A 3% Drop In The Last 5 Sessions
Loading stream...

(VIANEWS) - Coffee (KC) has been up by 3.78% for the last 5 sessions. At 08:50 EST on Wednesday, 2 October, Coffee (KC) is $258.50.

Volume

Today's last reported volume for Coffee is 8699, 58.8% below its average volume of 21117.4.

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 Tuesday, 1 October, "The downward trajectory could eventually drag Crude Oil prices below the $64.00 mark, towards challenging the lower boundary of the aforementioned trend-channel, currently pegged near the $63.00-$62.90 region.", "This, along with some follow-through US Dollar (USD) buying, bolstered by the Federal Reserve (Fed) Chair Jerome Powell's relatively hawkish remarks on Monday, turn out to be key factors weighing on Crude Oil prices."
  • Crude oil nosedives, shrugging off Israeli ground incursion into Lebanon. According to FXStreet on Tuesday, 1 October, "At the time of writing, Crude Oil (WTI) trades at $67.44 and Brent Crude at $71.15."
  • Crude oil edges lower despite intensified attacks on Lebanon. According to FXStreet on Monday, 30 September, "At the time of writing, Crude Oil (WTI) trades at $67.78and Brent Crude at $71.07."

More news about Coffee (KC).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.