Wheat prices fall nearly one percent before the weekend

Wheat futures fell nearly one percent in American trade, shrugging off the dollar's steadiness near a 14-year peak according to their inverse relation, which follows a spate of data from the U.S., the world's second biggest wheat exporter.
 
As of 08:23 GMT, wheat futures due on March 16 fell 0.88% to $393.50 a bushel from the opening price of $397.00, with an intraday low at $392.75, and a high at $398.25, while the dollar index fell 0.06% to 103.03 from the opening of 103.06, with an intraday low at 102.88, and a high at 103.23. 
 
Earlier data from the world's largest economy showed new home sales rising 5.2% to 592 thousand units in November, compared to a 1.4% drop in October to 563K, while analysts expected a 2.1% rise to 575K, while the UoM consumer confidence index rose to 98.2 in December, compared to the preliminary reading of 98.0, and October's 87.2.