HomeMarketsU.S. Economy‘Substantial’ Move in Coffee Futures, ‘Diminished’ U.S. Dollar

‘Substantial’ Move in Coffee Futures, ‘Diminished’ U.S. Dollar

Dan Deming surveys the treasury market and recent economic data. He points out a possible head & shoulders pattern in the 2-year note. He says the longer-term prospects for the U.S. dollar are “diminished” and points out the U.S. debt structure as a headwind. He also looks at coffee futures as they hit another all-time high, calling the move “substantial.”

Market On Close

05 Feb 2025

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