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Barchart
Barchart
Rich Asplund

Dollar Strength Sparks Long Liquidation in Cocoa

Ice ICCO Ivory Coast London

July ICE NY cocoa (CCN23) on Friday closed down -26 (-0.86%), and July ICE London cocoa #7 (CAK23) closed down -6 (+0.25%).

Cocoa prices Friday closed moderately lower.  A rally in the dollar index Friday to a 2-1/4 sparked long liquidation in cocoa futures.  

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