Cocoa Futures Climb on Short Covering as the Dollar Weakens
5/6 04:23
July ICE NY cocoa (CCN25 ) Wednesday closed up +173 (+1.77%), and July ICE London cocoa #7 (CAN25 ) closed up +73 (+1.13%). Cocoa prices rose on Wednesday as dollar weakness prompted some short covering in cocoa futures. Gains in London cocoa were muted Wednesday after the British pound (^GBPUSD......