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Dollar Strength Prompts Long Liquidation in Cocoa Futures

Commodities & Energy

Rich Asplund

·

May 8, 2025

·

Barchart

July ICE NY cocoa (CCN25 ) today is down -37 (-0.40%), and July ICE London cocoa #7 (CAN25 ) is down -61 (-0.91%). Cocoa prices today gave up an early advance and turned lower after the dollar index (DXY00) rallied to a 3-1/2 week high, prompting some long liquidation pressure...

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