Coffee Futures Bullish By 7% In The Last 10 Sessions

(VIANEWS) – Coffee (KC) has been up by 7.05% for the last 10 sessions. At 05:58 EST on Thursday, 19 September, Coffee (KC) is $260.55.

Volume

Today’s last reported volume for Coffee is 1918, 90.93% below its average volume of 21150.35.

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

  • Crude oil hovers below $70 as traders focus on US supply disruptions, fed meeting. According to FXStreet on Tuesday, 17 September, "This helps Crude Oil prices higher in the assumption that a bigger rate cut would give a brief push to the economic activity, which in turn would benefit Oil demand.", "At the time of writing, Crude Oil (WTI) trades at $69.02 and Brent Crude at $72.25."
  • According to FXStreet on Thursday, 19 September, "This, along with the emergence of fresh US Dollar (USD) selling, turn out to be key factors pushing Crude Oil prices higher. ", "Adding to this, lingering concerns about weak global demand might cap any further appreciating move for Crude Oil prices. "
  • According to FXStreet on Thursday, 19 September, "Additionally, WTI Oil prices may have found support after the US Energy Information Administration (EIA) reported a larger-than-expected decline in Crude Oil Stocks Change, which dropped by 1.63 million barrels to 417.5 million, far exceeding the forecasted 0.1 million-barrel draw for the week ending September 13. "

More news about Coffee (KC).

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