What the Latest Inflation Number Means for Coffee (and all Commodity) Prices
The overall framework in commodities is that a weak USD rallies commodities and a strong US dollar devalues commodities. This is the basic influence that we in commodities need to understand, and we just recently had a bullish commodity event: the US inflation number. US inflation came in lower than expected and this was interpreted as being bearish the USD which is bullish for coffee and all commodities. In the paragraphs below, I explain why this is bullish for #coffee an