Posted by racerick on 18th of Nov 2022 at 08:15 am
This from Barchart - Losses in arabica accelerated Thursday
after the Brazilian real (^USDBRL) tumbled to a 10-month low
against the dollar. The weaker real encourages export selling
from Brazil's coffee producers.
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Wow. I haven't had time
Coffee down another 7% in futures this am, but looks ...
Posted by steve on 18th of Nov 2022 at 07:34 am
Wow. I haven't had time to investigate the forces driving this move lower
This from Barchart - Losses
Posted by racerick on 18th of Nov 2022 at 08:15 am
This from Barchart - Losses in arabica accelerated Thursday after the Brazilian real (^USDBRL) tumbled to a 10-month low against the dollar. The weaker real encourages export selling from Brazil's coffee producers.