Capital Street BancClear Corporation

Option Banque is a brand owned and operated by Capital Street BancClear Corporation Limited with registered address Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, SVG.

  • Suite 305, Griffith Corporate Centre Beachmont, KingsTown Saint Vincent and The Grenadines

  • +1-949-335-4314

  • Monday-Friday: 6.00 AM
    4.00 PM GMT

Put Options Suggested - Coffee Drops On Strong US Dollar -

Jun, 24th 12:43

warm cup of ciffee on brown background

A long and dry summer has caused coffee to rally due to worries over reduced production from major producers such as Brazil, Vietnam and India. In Indonesia, the No.3 coffee supplier behind Brazil, production is forecast to fall due to a late start to harvesting. However, a strengthening greenback on Friday keeps weighing on the market. The dollar index DXY bounced back to the reading of 96.70 from a low of 93.00 On the H1 chart. The market is on track to fall as low as 136.22, and expected to slip even further as RSI (14) sits near the oversold zone.

Trade suggestion

Buy Digital Put Option from 136.06 to 135.55 valid until 20:00 June 24, 2016

Option Banque has proven A+ Rating and Reviews on forex forums

Leave a Reply

Your email address will not be published.