Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Lots of outright liquidation took place as exercised options offset hedges but rolling from May to July attributed to the greater change in May. The May OI is still fairly high to allow additional play in the spread. EFP also contributed to the May liquidation. Today the character of the market has not changed as a well supported as it is well supported and absorbing new fund selling, possibly. The Real is steady and responding to $ weakness as gold is trying to leap over the 1350.00 strike.