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FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)

Swiss franc likely to gradually depreciate against euro in coming months

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

Bank Indonesia keeps key interest rate on hold at 3.75 pct

U.S. existing home sales decline in August

U.S. vehicle sales fall again in November

U.S. Consumer Confidence falls in September

United States building permits

Philippine central bank keeps interest rate unchanged at 2 pct

Bank of Korea likely to keep key interest rate on hold at 0.50 pct in November

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

U.S. durable goods orders sustain robust growth

Australian economic growth recovers strongly in Q3 2020

Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed

Malaysian headline inflation falls further in October, likely to remain negative in 2020

Germany's unemployment exceeds expectations in September

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Weak Brazilian real pushes price of Arabica coffee to 20-month low

Friday, September 11, 2015 9:39 AM UTC

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The price of Arabica coffee shed 4% yesterday and closed at a 20-month low of 113 US cents per pound. The further depreciation of the Brazilian real was to blame for the falling coffee price. 

After ratings agency Standard & Poor's downgraded Brazil's credit rating to junk level on Wednesday, the Brazilian currency plunged to its lowest level since October 2002. 

The correlation between Arabica coffee and the Brazilian real on the basis of daily changes increased in early September to its highest level in two years. 

"The price came under additional pressure from rainfall in the growing regions and the resulting increased expectation of a good coffee crop in Brazil next year", says Commerzbank. 

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