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Cotton Falling Back into the Long Weekend

Energy Markets & PricesCurrency & FXCommodities & Raw MaterialsMarket Technicals & Flows

Cotton is lower by ~70-81 points so far Thursday, while crude oil is down 40 cents/bbl to $68.18 and the US dollar index is down $0.586 to 100.570. The market is also looking ahead to the July 4 Independence Day holiday for a 3-day weekend, which may affect near-term liquidity and trading volumes.

Analysis

Cotton is lower by ~70-81 points so far Thursday, while crude oil is down 40 cents/bbl to $68.18 and the US dollar index is down $0.586 to 100.570. The market is also looking ahead to the July 4 Independence Day holiday for a 3-day weekend, which may affect near-term liquidity and trading volumes.

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Market Sentiment

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