03.12.2009 - Coffee ETN gets a wake-up call
From Etftrends.com: The weaker U.S. dollar isn’t just bolstering gold, silver and oil prices. It’s also giving a wake-up call to coffee prices and the coffee exchange traded note (ETN). Coffee prices just got a little bolder, thanks to a weaker U.S. dollar and concerns about the quality of beans coming from Brazil’s top producer after the government turned away supplies from the farmers, reports Marcy Nicholson for Reuters. The March arabica contract rose to $1.41 a pound................................Full Article: Source
Print