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Barchart
Barchart
Rich Asplund

Dollar Strength Weighs on Coffee Prices

December arabica coffee (KCZ26) closed down -2.45 (-0.84%) on Thursday, and November ICE robusta coffee (RMX26) closed up +3 (+0.09%).

Coffee prices settled mixed on Thursday, pressured by a stronger dollar. The dollar index ($DXY) rallied to a 1.5-year high on Thursday, prompting long liquidation in coffee futures.

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