Coffee Futures Bearish By 3% In The Last 5 Sessions

(VIANEWS) - Coffee (KC) has been up by 3.21% for the last 5 sessions. At 07:50 EST on Tuesday, 6 February, Coffee (KC) is $188.30.

Today's last reported volume for Coffee is 3709, 81.88% below its average volume of 20477.58.

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.

Next level energy wins people's choice for best product at coffee fest orlando. According to Business Insider on Sunday, 4 February, "Next Level Energy, a pioneer in innovative beverage solutions, is thrilled to announce that their flagship product, Synergy, has been awarded the People's Choice for Best Product at the prestigious Coffee Fest in Orlando. ", "Next Level Energy, a pioneer in innovative beverage solutions, announces that their flagship product, Synergy, was awarded the People's Choice for Best Product at the prestigious Coffee Fest in Orlando. "

According to FXStreet on Tuesday, 6 February, "West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful traction on Tuesday and oscillate in a narrow range through the mid-European session. ", "Apart from this, concerns about a weaker demand outlook, amid persistent worries about slowing economic growth in China, further contribute to cap gains for Crude Oil prices."
According to FXStreet on Monday, 5 February, "West Texas Intermediate (WTI) US Crude Oil prices extend last week's rejection slide from the 100-day Simple Moving Average (SMA), around the $79.20 area, or the YTD peak, and drift lower for the fourth successive day on Monday. ", "This continues to act as a tailwind for the US Dollar (USD) and turns out to be a key factor undermining demand for dollar-denominated commodities, including Crude Oil prices. "
Crude oil forecast: crude falls after NFP jobs number surprises - 05 February 2024. According to DailyForex on Monday, 5 February, "The West Texas Intermediate Crude Oil Market has been particularly affected by this downward trend. "

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