All of the Soft markets came under macro pressure on Monday. The weight of Italian concerns on the Euro led to dollar strength and severe declines across the board. Cotton was limit down during the entire “traditional†session, trading synthetically as low as 10550 in CTZ. KCU settled 259.05, after reaching a low of 256.10 for the day. As 100 degree heat will be the story line across much of the nation, but the dollar is up sharply again this morning. Can the dollar continue to rally? That seems the key.