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Rich Asplund

Dollar Strength Spurs Long Liquidation in Coffee Futures

Brazil Ice USDA Vietnam ICO

December arabica coffee (KCZ26) is down -3.25 (-1.12%) today, and November ICE robusta coffee (RMX26) is down -23 (-0.67%).

Coffee prices are retreating today as a rally in the dollar index ($DXY) to a 1.5-year high has prompted long liquidation in coffee futures.

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