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Rich Asplund

YOU WONT BELIEVE: Cocoa prices rebound as the dollar falters - What They Never Told You

Ice Ivory Coast ICCO NY

May ICE NY cocoa (CCK26) today is up +116 (+3.52%), and May ICE London cocoa #7 (CAK26) is up +70 (+2.90%).

Cocoa prices recovered from early losses today and turned sharply higher, as a -0.50% fall in the dollar index ($DXY) sparked short covering in cocoa futures.

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