Dollar Weakness Sparks Mild Short Covering in Cocoa Futures
March ICE NY cocoa (CCH26 ) today is up +40 (+0.96%), and March ICE London cocoa #7 (CAH26 ) is up +29 (+1.01%). Cocoa prices are moving higher today as a weaker dollar has prompted some mild short covering in cocoa futures. Cocoa prices have sold off sharply recently, with...
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