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Barchart
Rich Asplund

Coffee Prices Rebound as Dollar Weakness Spurs Short Covering

Ice Brazil USDA Vietnam arabica United States Volcafe

July arabica coffee (KCN25) Friday closed up +0.25 (+0.07%), and July ICE robusta coffee (RMN25) closed up +3 (+0.06%).

Coffee prices on Friday recovered from early losses and closed slightly higher.  Short covering emerged in coffee futures Friday after the dollar index (DXY00) sank to a 3-week low.

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