home recent topics recent posts search faq  

OMNI Trading Academy :: Forum


Home » Softs » DJ MARKET TALK Liffe Coffee Up On Currencies Holidays Ahead

Coffee, Sugar, Cotton, etc...
2/12/2010 12:54:26 AM

kevinsnguyen
kevinsnguyen
Posts: 0
DJ MARKET TALK: Liffe Coffee Up On Currencies; Holidays Ahead

Thu Feb 11 13:25:19 2010 EST

http://commodityvn.com/news/?p=1895

1824 GMT [Dow Jones] Liffe robusta coffee futures trade higher, retaining
some of its gains from currencies moves earlier in the day, says Sucden.
“London (closed) on a positive tone but the range was relatively tight and
upside was tempered by Origin selling ahead of the Tet holiday,” Sucden adds.
The March-May spread was in focus as it held at -30 mid range and accounted for
50% of the volume, the brokerage house adds. “A long weekend in the U.S. and
the Tet holiday may leave the markets somewhat thin in coming days,” Sucden
says. March $6, or 0.5%, at $1,331/ton. (JAM)
permalink • reply with quote

Home » Softs » DJ MARKET TALK Liffe Coffee Up On Currencies Holidays Ahead