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Barchart
Barchart
Rich Asplund

Dollar Weakness Spurs Short Covering in Coffee Futures

Ice Brazil Vietnam FAs

March arabica coffee (KCH26) today is up +4.45 (+1.28%).  March ICE robusta coffee (RMH26) is up +103 (+2.56%).

Coffee prices are moving higher today, with robusta posting a 1.5-month high.  Today's slump in the dollar index (DXY00) to a 3.5-week low has prompted short covering in most commodities, including coffee.

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