RJO FuturesCast

Daily Futures Market News, Commentary, & Insight

Softs

Reuters – London cocoa slides on strong pound, arabica at 4-week high

Posted 04/18/2017 10:22AM CT | Peter Mooses

“We are seeing the pound trade carry over to the New York market. Shorts are also growing in London cocoa, which is carrying over to New York cocoa and weakening our market” said Peter Mooses, senior market strategist for RJO Futures in Chicago.

To read the rest of the article and see more of Peter’s comments, click here .

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Peter Mooses

Senior Market Strategist
Follow Peter on Twitter @PMoosesRJO. Peter's interest in trading began during a college internship with Bunge North America on the floor of the Chicago Board of Trade, where he assisted commodities traders and performed market research and analysis. Upon earning a B.A. in economics from the University of Iowa, Peter served as an analyst, transaction manager and team lead in the Global Trust Divisions for LaSalle Bank and Bank of America, where he managed transaction activity in multi-million dollar client fixed income and asset-backed securities portfolios. After years in the banking industry, it became apparent that Peter's real passion lies in futures trading. He joined RJO Futures because he enjoys the analytical aspects of futures trading and appreciates the economic impact that commodities have across all markets. Peter believes in utilizing market analysis and trends to help clients achieve balance between risk and return, while always keeping their investment objectives top of mind.
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