Cocoa Prices Settle Higher as Dollar Weakness Sparks Short Covering
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May ICE NY cocoa (CCK25 ) Friday closed up +105 (+1.28%), and May ICE London cocoa #7 (CAK25 ) closed up +91 (+1.41%). Cocoa prices Friday settled moderately higher as they recovered further from Tuesday’s 3-1/2 month low. Friday’s fall in the dollar index (DXY00 ) to a 4-month low…
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