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Corn Futures Bullish Momentum With A 4% Jump In The Last 5 Sessions

(VIANEWS) – Corn (ZC) has been up by 4.16% for the last 5 sessions. At 14:54 EST on Wednesday, 14 June, Corn (ZC) is $550.25.

Volume

Today’s last reported volume for Corn is 138772, 16.24% above its average volume of 119376.5.

Volatility

Corn’s last week, last month’s, and last quarter’s current intraday variation average was a negative 7.73%, a negative 3.83%, and a positive 4.49%, respectively.

Corn’s highest amplitude of average volatility was 8.13% (last week), 4.88% (last month), and 4.49% (last quarter), respectively.

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, "On the flip side, any attempted recovery might now confront some resistance near the $68.00 round figure, above which a bout of a short-covering has the potential to lift Crude Oil prices to the $68.50-$68.55 resistance zone. ", "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."

More news about Corn (ZC).

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