(VIANEWS) – Coffee (KC) has been up by 2.22% for the last 5 sessions. At 08:51 EST on Wednesday, 14 June, Coffee (KC) is $178.05.
Volume
Today’s last reported volume for Coffee is 4415, 77.7% below its average volume of 19805.59.
Volatility
Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.96%, a negative 0.98%, and a positive 2.12%, respectively.
Coffee’s highest amplitude of average volatility was 3.98% (last week), 1.93% (last month), and 2.12% (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
- Crude oil forecast: continues to see a lot of noisy behavior – 12 June 2023. According to DailyForex on Monday, 12 June, "In contrast, the Brent Crude Oil market exhibited a relatively quiet trading session on Friday. ", "Overall, the WTI Crude Oil market is grappling with uncertainties surrounding demand and supply, while the Brent market faces resistance from the 50-Day EMA. "
- According to FXStreet on Tuesday, 13 June, "This continues to weigh on Crude Oil prices ahead of the crucial US CPI report, which might influence the Fed’s policy outlook and drive the US Dollar (USD) price dynamics.", "Western Texas Intermediate (WTI) Crude Oil prices enter a bearish consolidation phase during the Asian session on Tuesday and oscillate in a narrow band near the lowest level since early May touched the previous day. "
More news about Coffee (KC).
