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Barchart
Rich Asplund

Coffee Prices Fall on Stronger Dollar

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Dec arabica coffee (KCZ23) on Thursday closed down -0.85 (-0.55%), and Nov ICE robusta coffee (RMX23) closed down -7 (-0.28%).

Coffee prices saw some downward pressure from Thursday's +0.4% rally in the dollar index and from technical selling after Dec arabica coffee turned lower on long liquidation pressure after initially posting a 3-week high.

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