Cocoa Prices Stabilize as Dollar Tumbles

Strong Bearish -80.0

December ICE NY cocoa (CCZ25 ) is up +79 (+1.07%), and December ICE London cocoa #7 (CAZ25 ) is up +5 (+0.10%). Dec NY cocoa is trading higher today, recovering a bit after Thursday's plunge of -3.52%. Cocoa prices are seeing some support today from short-covering and today's sharp decline...
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.