Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Thank you Nagual.
The market has regained its footing. Indeed finding support just above the key area as expressed by Kofenista, myself and others.
The trade flow has that of a "roll". Volume is on the light side. Not sure if its uncertainty ahead of the re-balance or other factors. The weather throughout much of the east coast of the US is awful and perhaps some are away from their desk.
US$ continues to come under pressure here this morning.
USD/BRL - 3.2302 -0.0067 -0.21%
Let's see if we can get to unchanged and see what lies beyond.