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Coffee Futures Is 2% Up In The Last 5 Sessions

Coffee Futures Is 2% Up In The Last 5 Sessions
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(VIANEWS) - Coffee (KC) has been up by 2.31% for the last 5 sessions. At 23:53 EST on Friday, 5 July, Coffee (KC) is $230.55.

Volume

Today's last reported volume for Coffee is 17558, 18.18% below its average volume of 21460.44.

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 Thursday, 4 July, "This, in turn, is anticipated to dent long-term fuel demand and is seen as a key factor exerting downward pressure on Crude Oil prices. ", "This led to the overnight slump in the US Treasury bond yields and dragged the US Dollar (USD) to a three-week low, which could further lend some support to Crude Oil prices. "
  • According to FXStreet on Friday, 5 July, "Moreover, the latest optimism over expectations of a pick up in fuel demand in the US during the travel-heavy summer season, along with speculations about OPEC+ cuts in the third quarter, should lend some support to Crude Oil prices. ", "The aforementioned fundamental backdrop suggests that any subsequent downtick might still be seen as a buying opportunity, though China's economic woes warrant caution before positioning for any further gains for Crude Oil prices. "

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.