Stocks
Dollar Weakness Fuels Cocoa Futures Rally on Short-Covering
Cocoa futures surged to 1.5-week highs as a weaker dollar prompted short-covering, offsetting bearish supply data.

Cocoa futures surged to 1.5-week highs as a weaker dollar prompted short-covering, offsetting bearish supply data.

Cocoa futures experienced a downturn as reports indicate declining chocolate sales and reduced grinding activity in key markets, signaling tepid global demand.

Cocoa futures surged today, with July contracts up significantly, as a weakening dollar prompted extensive short covering. Conflicting supply and demand signals...