Cocoa Prices Recover as a Weak Dollar Sparks Short Covering
Sep ICE NY cocoa (CCU23 ) on Friday closed +19 (+0.54%), and Sep ICE London cocoa #7 (CAU23 ) closed +1 (+0.04%). Cocoa prices Friday recovered from 1-week lows and posted moderate gains as a slide in the dollar (DXY00 ) sparked short covering in cocoa futures. The outlook for...
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