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Market Impact: 0.45

Cotton Rallying on Tuesday Morning

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsEnergy Markets & PricesCurrency & FXMarket Technicals & FlowsEconomic Data

Cotton futures rose 70–105 points early Tuesday (after closing 4–73 points higher on Monday). The U.S. dollar index gained $0.388 to 100.370, and crude oil futures jumped $5.36 to $105.00. March Intentions data are expected and may act as an additional near-term catalyst for commodity and FX moves.

Analysis

Cotton futures rose 70–105 points early Tuesday (after closing 4–73 points higher on Monday). The U.S. dollar index gained $0.388 to 100.370, and crude oil futures jumped $5.36 to $105.00. March Intentions data are expected and may act as an additional near-term catalyst for commodity and FX moves.

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