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Barchart
Barchart
Rich Asplund

HISTORICAL FACTS: Coffee prices rally on dollar weakness - The Untold Story

July arabica coffee (KCN25) today is up +2.30 (+0.62%), and July ICE robusta coffee (RMN25) is up +7 (+0.14%).

Coffee prices today recovered from early losses and turned higher as a decline in the dollar index (DXY00) to a 2-week low sparked short covering in coffee futures.

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