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Barchart
Barchart
Rich Asplund

Dollar Strength Sparks Long Liquidation in Coffee Futures

May arabica coffee (KCK23) this morning is down -2.70 (-1.38%), and May ICE robusta coffee (RMK23) is down -39 (-1.60%).

Coffee prices this morning are moderately lower as a recovery in the dollar index (DXY00) from an 11-1/2 month low sparked long liquidation in coffee futures.  

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