Coffee Futures Jumps By 8% In The Last 10 Sessions

(VIANEWS) – Coffee (KC) has been up by 8.28% for the last 10 sessions. At 05:52 EST on Monday, 19 August, Coffee (KC) is $243.85.

Today’s last reported volume for Coffee is 2136, 90.07% below its average volume of 21519.15.

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.

According to FXStreet on Monday, 19 August, "That said, a softer tone around Crude Oil prices could undermine the commodity-linked Loonie and hold back traders from placing fresh bearish bets ahead of this week’s data/central bank event risk.", "Furthermore, geopolitical developments in the Middle East, which tend to drive Crude Oil prices, should provide some impetus to the USD/CAD pair and determine the next leg of a directional move."

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