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Wheat futures rose nearly 2% in U.S. trade despite a stronger dollar. U.S. private payrolls rose by 173,000 and jobless claims fell, while traders awaited the monthly payrolls report.
Wheat gained despite the stronger dollar, which signals firm underlying demand. The payrolls report ahead could shift currency and commodity moves.
economies.comRami HaddadJun 2, 2016Not 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.
