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Soybean futures fell over 1% in American trade, heading for a third weekly decline, as the US dollar index rose. US data showed strong October payrolls and a falling unemployment rate to 4.1%.
A stronger dollar and macro data pressure dollar-denominated commodity prices, leaving soybeans weaker in a routine market move.
economies.comRami HaddadNov 3, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
