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Barchart
Rich Asplund

Dollar Weakness Spurs Short Covering in Coffee Futures

Ice Brazil United States Cecafe Vietnam arabica FAs

December arabica coffee (KCZ25) today is up +1.95 (+0.53%), and November ICE robusta coffee (RMX25) is up +32 (+0.73%).

Coffee prices are moving higher today, with robusta recovering from a 1.5-week low.  Dollar weakness (DXY00) today has sparked some short covering in coffee futures.

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