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Coffee ETNs Rally 15% in Oversold Bounce

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Linked by ETF Trends ( track newsfeed | ignore newsfeed ) - July 02, 12:25PM from (www.etftrends.com)

Exchange traded products indexed to coffee prices have enjoyed an oversold bounce the past two weeks after sentiment on the beaten-down commodity dropped to multiyear lows. Last month, coffee prices hit key support levels on extremely bearish sentiment, setting up the potential for a strong...

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