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๐ฐ **Long Liquidation Knocks Cocoa Prices Lower as the Dollar Strengthens**
July ICE NY cocoa (CCN26 ) on Tuesday closed down -122 (-2.59%), and July ICE London cocoa #7 (CAN26 ) closed down -53 (-1.52%). Cocoa prices retreated on Tuesday, giving back some of their recent rally. Tuesday's stronger dollar ($DXY ) sparked long liquidation in cocoa futures....
๐ https://www.nasdaq.com/articles/long-liquidation-knocks-cocoa-prices-lower-dollar-strengthens
#markets #news
July ICE NY cocoa (CCN26 ) on Tuesday closed down -122 (-2.59%), and July ICE London cocoa #7 (CAN26 ) closed down -53 (-1.52%). Cocoa prices retreated on Tuesday, giving back some of their recent rally. Tuesday's stronger dollar ($DXY ) sparked long liquidation in cocoa futures....
๐ https://www.nasdaq.com/articles/long-liquidation-knocks-cocoa-prices-lower-dollar-strengthens
#markets #news