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Coffee Futures Went Down By Over 2% In The Last 5 Sessions

ViaNews Editorial Team

October 9, 2023

Coffee Futures Went Down By Over 2% In The Last 5 Sessions
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(VIANEWS) - Coffee (KC) has been up by 2.68% for the last 5 sessions. At 11:52 EST on Monday, 9 October, Coffee (KC) is $145.05.

Volume

Today's last reported volume for Coffee is 11076, 44.77% below its average volume of 20057.52.

Volatility

Coffee's last week, last month's, and last quarter's current intraday variation average was a negative 0.95%, a negative 0.12%, and a positive 1.70%, respectively.

Coffee's highest amplitude of average volatility was 0.95% (last week), 1.97% (last month), and 1.70% (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

  • According to FXStreet on Monday, 9 October, "This turns out to be a key factor that provides a strong boost to Crude Oil prices, though the intraday bullish momentum falters near the $86.00 mark.", "West Texas Intermediary (WTI) Crude Oil prices catches aggressive bids on the first day of a new week and recover a part of last week's heavy losses to over a one-month low, around the $80.65 region touched on Friday. "

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.