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Coffee Futures Rises By 3% In The Last 5 Sessions

ViaNews Editorial Team

August 22, 2024

Coffee Futures Rises By 3% In The Last 5 Sessions
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(VIANEWS) - Coffee (KC) has been up by 3.07% for the last 5 sessions. At 05:52 EST on Thursday, 22 August, Coffee (KC) is $245.05.

Volume

Today's last reported volume for Coffee is 1781, 91.62% below its average volume of 21263.03.

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 Wednesday, 21 August, "Apart from this, the prevalent US Dollar (USD) selling bias, fueled by the growing acceptance that the Federal Reserve (Fed) will begin its rate-cutting cycle in September, could lend some support to Crude Oil prices and help limit further losses. ", "This, in turn, will drive the USD and provide a fresh impetus to Crude Oil prices."
  • According to FXStreet on Tuesday, 20 August, "These were mainly driven by higher shipments of milk powder, butter, and cheese (+11%); fruit (+28%); preparations of milk, cereals, flour, and starch (+86%); and Crude Oil (+310%)."

More news about Coffee (KC).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.