Bullish Flag

Arabica coffee is hovering near a closely watched breakout zone as delayed harvesting and exceptionally low inventories keep near-term supply concerns alive. Yet forecasts for record Brazil and global coffee output in 2026/27 leave buyers facing a major risk once delayed beans reach the market.

EUR/USD pushed to 1.1676, its highest level since May, as the US dollar weakened and bond yields cooled after Treasury intervention. Traders are watching ECB minutes, inflation trends and the 1.1600 support zone as the pair attempts to extend its bullish breakout.

EUR/USD climbed to its strongest level since June 15 after weak US labor data pressured the dollar and revived bullish momentum. Traders are now watching the upcoming US consumer inflation report as the pair holds above key technical levels.