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Rich Asplund

HISTORICAL FACTS: Cocoa prices fall as dollar strength spurs long liquidation - The Untold Story

Ice ICCO European Union Ivory Coast NY the International Cocoa Organization

March ICE NY cocoa (CCH26) today is down -184 (-2.95%). March ICE London cocoa #7 (CAH26) is down -132 (-2.94%).

Cocoa prices are moving lower today, giving back some of Monday's sharp gains. Today's rally in the dollar index (DXY00) to a 1-week high has fueled long liquidation pressures in cocoa futures.

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