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Dollar Gains on US Economic Strength and Hawkish Fed

1 week ago
The dollar index (DXY00 ) rallied to a 1-week high today and finished up by +0.71%. The dollar jumped Friday on the stronger-than-expected US Oct payroll report, which showed payrolls and hourly earnings rose more than expected and the unemployment rate unexpectedly declined, hawkish factors for Fed policy. Also, the...

Coffee Prices Rebound as ICE Inventories Remain Tight

1 week ago
December arabica coffee (KCZ26 ) is up +1.70 (+0.61%) today, and January ICE robusta coffee (RMF27 ) is up +26 (+0.60%). Coffee prices recovered from early losses today and are moving higher, with arabica rebounding from a 5-week low. Tight coffee inventories support coffee prices. ICE arabica inventories fell to...