(VIANEWS) – Coffee (KC) has been up by 14.32% for the last 21 sessions. At 13:50 EST on Friday, 22 December, Coffee (KC) is $191.60.
Volume
Today’s last reported volume for Coffee is 441, 97.83% below its average volume of 20349.01.
Volatility
Coffee’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.33%, a negative 4.27%, and a positive 2.63%, respectively.
Coffee’s highest amplitude of average volatility was 4.33% (last week), 4.49% (last month), and 2.63% (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: markets recover from lows – 20 December 2023. According to DailyForex on Wednesday, 20 December, "As we approach the holiday season, a reduction in market liquidity is anticipated, potentially amplifying the noise and volatility in Crude Oil prices. ", "In the end, the Crude Oil markets are navigating treacherous waters characterized by volatility and short covering activities. "
- According to FXStreet on Wednesday, 20 December, "American Petroleum Institute (API) Weekly Crude Oil Stock on the week ending on December 15, rose to 0.939M, swinging from the previous decline of 2.349M figures. ", "The US Energy Information Administration is set to release the Crude Oil Stocks Change report on Wednesday. "
- According to FXStreet on Thursday, 21 December, "US EIA Crude Oil Stocks Change revealed that US Crude inventories for the week ending on December 15 unexpectedly rose to 2.909 million barrels. "
- According to FXStreet on Wednesday, 20 December, "The USD/CAD is getting pushed lower as broader markets see a healthy risk bid that is forcing down the US Dollar (USD) and a bump in Crude Oil bids is propping up the Canadian Dollar (CAD) while the Bank of Canada (BoC) sees lower odds of inflation risks making a reappearance.", "Crude Oil markets caught a bounce on Wednesday with markets continuing to be concerned over rebel attacks on container ships in the Yemen region, which could destabilize Crude Oil supply routes between Asia and Europe. "
More news about Coffee (KC).
