Dollar Strength Sparks Long Liquidation in Cocoa Futures
July ICE NY cocoa (CCN23 ) on Monday closed down -44 (-1.38%), and July ICE London cocoa #7 (CAK23 ) closed down -21 (-0.85%). Cocoa prices Monday fell back from 5-week nearest-futures highs and closed moderately lower. A rebound in the dollar Monday sparked long liquidation in cocoa futures after...
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