Back to News
Market Impact: 0.15

Coffee Prices Weighed Down by Dollar Strength

Commodities & Raw MaterialsCommodity FuturesCurrency & FXFutures & Options

July arabica coffee (KCN26) closed down 0.90, or 0.31%, as the contract gave back an early gain and finished lower. The move was attributed to a stronger U.S. dollar, while July ICE robusta coffee (RMN26) did not trade because UK markets were closed for the May Day holiday.

Analysis

July arabica coffee (KCN26) closed down 0.90, or 0.31%, as the contract gave back an early gain and finished lower. The move was attributed to a stronger U.S. dollar, while July ICE robusta coffee (RMN26) did not trade because UK markets were closed for the May Day holiday.

AllMind AI Terminal

AI-powered research, real-time alerts, and portfolio analytics for institutional investors.

Request Demo

Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15