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Barchart
Barchart
Rich Asplund

Arabica Coffee Erases Early Gains as the Dollar Climbs

December arabica coffee (KCZ25) closed down -0.55 (-0.15%) on Monday, and September ICE robusta coffee (RMU25) did not trade as markets were closed for a bank holiday in the UK.

Arabica coffee fell from a 3.5-month high on Monday and posted modest losses as strength in the dollar (DXY00) sparked profit-taking and long liquidation in arabica futures.  

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