Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
The small change in the OI likely illustrates systems new selling as well some long liquidation and spec short covering. There isn’t much to add to the low volume day. Today we have again a quiet market that is trying to move higher with difficulty. RC is quiet with the arb moving to 49.41 and the JanMar is no 4/5. The Real is steady even with the strong $ as USDBRL is 3,2487 -.0088.