Cocoa Prices Jump as a Plunging Dollar Sparks Short Covering
May ICE NY cocoa (CCK25 ) today is up +373 (+4.61%), and May ICE London cocoa #7 (CAK25 ) is up +187 (+3.12%). Cocoa prices today are sharply higher as a selloff in the dollar (DXY00 ) to a 3-year low has prompted short-covering in cocoa futures. Today's rally in...
Barchart ·