Coffee Futures Bullish Momentum With A 3% Jump In The Last 10 Sessions

(VIANEWS) – Coffee (KC) has been up by 3.93% for the last 10 sessions. At 05:55 EST on Friday, 27 September, Coffee (KC) is $268.40.

Volume

Today’s last reported volume for Coffee is 2181, 89.62% below its average volume of 21012.01.

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, 26 September, "Spot prices currently trade around the 1.3470-1.3465 region, down over 0.10% for the day amid a modest US Dollar (USD) downtick, though some follow-through selling around Crude Oil prices could help limit deeper losses.", "Meanwhile, doubts about sustained fuel demand growth in China - the world’s top oil importer - and easing worries over supply disruptions in Libya drag Crude Oil prices further away from a three-week high touched on Tuesday. "
  • According to FXStreet on Thursday, 26 September, "This comes on top of a potential return of Libyan supply and turns out to be a key factor exerting downward pressure on Crude Oil prices. ", "From a technical perspective, Crude Oil prices showed some resilience below the 61.8% Fibonacci retracement level of the recent recovery from the lowest level since May 2023 touched earlier this month and bounced back to the $68.00 round-figure mark. "

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