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Cotton Retreating Back on Thursday Morning

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsEnergy Markets & PricesCurrency & FXElections & Domestic PoliticsMarket Technicals & Flows

Cotton is down 40–61 points Thursday morning after futures rallied from early weakness Wednesday to close up 15–81 points. The US Dollar Index fell $0.354 to 99.405, while crude oil jumped $9.50 overnight following President Trump’s address, indicating politically driven volatility across energy and commodity markets.

Analysis

Cotton is down 40–61 points Thursday morning after futures rallied from early weakness Wednesday to close up 15–81 points. The US Dollar Index fell $0.354 to 99.405, while crude oil jumped $9.50 overnight following President Trump’s address, indicating politically driven volatility across energy and commodity markets.

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