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Barchart
Barchart
Rich Asplund

YOU WONT BELIEVE: Dollar weakness sparks short covering in cocoa futures e145d04b 9b6e 4660 b84e 45cfad6f3ba4 - What They Never Told You

May ICE NY cocoa (CCK26) today is up +81 (+2.48%), and May ICE London cocoa #7 (CAK26) is up +65 (+2.70%).

Cocoa prices recovered from early losses today and are moving higher as a slumping dollar ($DXY) has spurred short covering in cocoa futures.  

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