Wheat prices rise nearly one percent ahead of the weekend

Wheat futures rose nearly one percent in American trade as the dollar index settled lower according to their inverse relation, which follows a spate of data from the U.S., the world's second largest wheat exporter. 

As of 07:16 GMT, wheat futures due on May 16 rose 0.95% to $425.00 a bushel from the opening of $421.00, with an intraday high at $426.245, and a low at $420.75, while the dollar index shed 0.12% to 99.64 from the opening of 99.76. 

Earlier U.S. data showed durable goods orders up 1.7% in February, slowing down from 2.0% in January, while analysts expected 1.1%, as core orders rose 0.4%, up from no change in January, while missing expectations of 0.5%. 

Additionally, the flash services PMI fell to 52.9 in March from 53.8, missing expectations of 54.9, while the manufacturing PMI fell as well to 53.4 from 54.2, missing forecasts of 54.9.