Coffee Prices On The Rise

Sept. 21, 2017

Fox Business reports that coffee prices rose on Wednesday which was helped by a weak dollar as the Fed concludes its policy meeting. The article states that Arabica coffee for December delivery was up 1.4 percent at $1.3720 a pound on the ICE Futures U.S. exchange, which is reportedly on track to break a two-day losing streak. The WSJ Dollar Index measures the U.S. currency against 16 others and was down 0.3 percent and the dollar weakened against many emerging-market currencies.