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📰 **Short Covering Emerges in Coffee Futures on Dollar Weakness**
July arabica coffee (KCN26 ) on Friday closed up +0.85 (+0.30%), and July ICE robusta coffee (RMN26 ) closed up +3 (+0.09%). Coffee prices recovered from 1.5-week lows on Friday and settled higher after the dollar index ($DXY ) fell to a 2-week low, which sparked short covering i...
🔗 https://www.nasdaq.com/articles/short-covering-emerges-coffee-futures-dollar-weakness
#markets #news
July arabica coffee (KCN26 ) on Friday closed up +0.85 (+0.30%), and July ICE robusta coffee (RMN26 ) closed up +3 (+0.09%). Coffee prices recovered from 1.5-week lows on Friday and settled higher after the dollar index ($DXY ) fell to a 2-week low, which sparked short covering i...
🔗 https://www.nasdaq.com/articles/short-covering-emerges-coffee-futures-dollar-weakness
#markets #news
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