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Rich Asplund

FOUND: Cocoa prices mixed on dollar strength and british pound weakness | Mind Blowing Facts

Ice ICCO British Pound Ivory Coast NY London

July ICE NY cocoa (CCN23) on Thursday closed down -9 (-0.30%), and July ICE London cocoa #7 (CAK23) closed up +29 (+1.26%).

Cocoa prices Thursday settled mixed.  NY cocoa was under pressure Thursday from a stronger dollar as the dollar index (DXY00) rallied to a 1-3/4 month high.  London cocoa found support Thursday from weakness in the British pound (^GBPUSD), which fell to a 3-week low.

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