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Posted by Tango
on September 2, 2019, 7:50 am
There was some selling at the opening in Robusta which established the low so far equivalent to 96.55 or so based on the closing arb value of 36.34. The high is unchanged both $/T and c/lb, 1334 and 96.85. Last is mid value of this narrow range. Robusta has been lost without Arabica which has not been too impressive either.
The $ is strong against all major and BRIC currencies except for the Real based on the CME value. USDMXN 20.1112 +0.0537 (+0.27%), USDCOP is unchanged at 3,439.65 and USDBRL is unchanged at 4.1465.
Equities are lower while gold and silver are higher. Grains are higher and crude is unchanged.