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Dollar Weakness Spurs Short Covering in Coffee Futures

December arabica coffee (KCZ26 ) is up +5.10 (+1.85%) today, and November ICE robusta coffee (RMX26 ) is up +62 (+1.88%)...

December arabica coffee (KCZ26 ) is up +5.10 (+1.85%) today, and November ICE robusta coffee (RMX26 ) is up +62 (+1.88%). Coffee prices are climbing today, with arabica posting a 1-week high. Today’s slide in the dollar index ($DXY ) has sparked fund short covering in coffee futures. Coffee prices...

SOURCE: Nasdaq
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