Cocoa Prices Stabilize as Dollar Tumbles

Strong Bearish -80.0

December ICE NY cocoa (CCZ25 ) on Friday closed up +72 (+0.97%), and December ICE London cocoa #7 (CAZ25 ) closed up +5 (+0.10%). Dec NY cocoa traded higher Friday, recovering a bit after Thursday's plunge of -3.52%. Cocoa prices saw some support Friday from short-covering and the 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.