Coffee Prices Jump as the Dollar Sinks
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May arabica coffee (KCK25 ) Friday closed up +14.85 (+4.33%), and May ICE robusta coffee (RMK25 ) closed up +162 (+3.28%). Coffee prices Friday settled sharply higher as a selloff in the dollar index (DXY00 ) to a 3-year low fueled short covering in coffee futures. Also, supply fears are…
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