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Barchart
Barchart
Rich Asplund

HISTORICAL FACTS: Dollar weakness supports coffee prices - Caught on Camera

Ice Brazil USDA Vietnam United States Volcafe

July arabica coffee (KCN25) Wednesday closed up +1.00 (+0.27%), and July ICE robusta coffee (RMN25) closed unchanged.

Coffee prices recovered from early losses on Wednesday and settled mixed.  Wednesday's decline in the dollar index (DXY00) to a 2-week low sparked short covering in coffee futures.

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