Coffee Prices Settle Higher as Brazilian Real Strength Sparks Short Covering
July arabica coffee (KCN25 ) Wednesday closed up +5.30 (+1.55%), and July ICE robusta coffee (RMN25 ) closed up +37 (+0.83%). Coffee prices on Wednesday settled higher as a rally in the Brazilian real (^USDBRL ) sparked short covering in coffee futures. The Brazilian real rose to a 1-1/2 week...
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