Coffee Futures Drops By 3% In The Last 5 Sessions

(VIANEWS) – Coffee (KC) has been up by 3.44% for the last 5 sessions. At 04:50 EST on Friday, 3 March, Coffee (KC) is $180.90.

Volume

Today’s last reported volume for Coffee is 503, 97.15% below its average volume of 17689.6.

Volatility

Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.39%, a positive 0.76%, and a positive 2.18%, respectively.

Coffee’s highest amplitude of average volatility was 3.11% (last week), 2.47% (last month), and 2.18% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Coffee’s commodity is considered to be overbought (>=80).

News about

  • According to FXStreet on Wednesday, 1 March, "Furthermore, an intraday downtick in Crude Oil prices might undermine the commodity-linked Loonie and supports prospects for the emergence of some dip-buying around the USD/CAD pair. "
  • Crude oil forecast: continues to do very little as traders wait for momentum – 02 March 2023. According to DailyForex on Thursday, 2 March, "During Wednesday’s trading session, the West Texas Intermediate Crude Oil market initially experienced a slight surge. "

More news about Coffee (KC).

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