Coffee Futures Bullish By 15% In The Last 21 Sessions

(VIANEWS) – Coffee (KC) has been up by 15.75% for the last 21 sessions. At 05:51 EST on Thursday, 11 July, Coffee (KC) is $254.65.

Volume

Today’s last reported volume for Coffee is 3781, 82.21% below its average volume of 21257.31.

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 Thursday, 11 July, "The outlook keeps the USD bulls on the defensive and seems to benefit the USD-denominated commodities, including Crude Oil prices.", "This is seen underpinning Crude Oil prices amid a modest US Dollar (USD) weakness."
  • Crude oil eases on Tuesday despite extended decline in API barrel counts. According to FXStreet on Tuesday, 9 July, "West Texas Intermediate (WTI) US Crude Oil extended a near term decline on Tuesday, falling to $81.00 per barrel as American Crude Oil markets continue to struggle to find consistent bullish momentum.", "Crude Oil prices remain tepid to soft on Tuesday as US Distillate Stocks, Crude Oil derivatives primarily used for diesel and home heating and cooling production bounced 2.3 million and entirely missing the forecast decline of -740K drawdown."

More news about Coffee (KC).

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