Dollar Strength Sparks Long Liquidation in Cocoa Futures
27/4 04:59
July ICE NY cocoa (CCN24 ) on Friday closed down -210 (-1.94%), and May ICE London cocoa #7 (CAK24 ) closed down -173 (-1.80%). Cocoa prices settled moderately lower on Friday as a stronger dollar (DXY00 ) fueled long liquidation pressures in cocoa futures. Cocoa also has a negative carryover......