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Barchart
Barchart
Rich Asplund

Coffee Prices Gain as the Dollar Extends Its Slump

Ice Brazil Vietnam FAs

March arabica coffee (KCH26) today is up +5.90 (+1.68%), and March ICE robusta coffee (RMH26) is up +65 (+1.57%).

Coffee prices are seeing support again today as the dollar index fell sharply by another -0.6% to a new 4-month low.  The recent plunge in the dollar has been bullish for commodity prices, including coffee.

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