Wheat prices retreat for second straight session as eyes fixed on U.S. agriculture ministry's report
2017-01-11 19:59:34 GMT (Economies.com)
Wheat prices retreat for second straight session as eyes fixed on U.S. agriculture ministry's report

Wheat futures fell over two percent in American trade, shrugging off the dollar index' dip, amid a lack of data from the world's largest economy, and ahead of a yield report from the U.S. agriculture ministry tomorrow, expected to showcase the winter wheat yield in America, the world's second largest wheat exporter.
 
As of 07:42 GMT, wheat futures due on March 16 fell 2.17% to $417.50 a bushel from the opening price of $426.75, with an intraday low at $412.00, and a high at $426.25, while the dollar index shed 0.69% to 101.31 from the opening of 102.02.
 
Earlier from the world's largest economy, U.S. President-elect Donald Trump gave a speech promising jobs opportunities to Americans, while threatening a tax on companies leaving the U.S., and lowing the presidential expenses and repealing the current president Obama's healthcare initiative known as Obamacare. 

 
 
 
 
Forex News
 
 
USD to Arab Currencies
Yemen249.9500
UAE3.6728
Tunisia2.3053
Syria514.9800
Sudan6.4077
Saudi Arabia3.7488
Qatar3.6405
Oman0.3848
Morocco9.9710
Libya1.4283
Lebanon1505.4000
Kuwait0.3048
Jordan0.7080
Iraq1181.0000
Egypt18.6000
Bahrain0.3769
Algeria109.5710