Cocoa Prices Fall Back as Dollar Strength Sparks Long Liquidation
Dec ICE NY cocoa (CCZ23 ) on Friday closed -33 (-0.91%), and Dec ICE London cocoa #7 (CAZ23 ) closed -29 (-0.98%). A stronger dollar Friday sparked long liquidation and profit taking in cocoa futures. Cocoa prices have rallied over the past three months with NY cocoa last month posting...
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