29.
12.16
08:16

The weakness of the dollar and short covers: Maize and wheat prices fixed

The courses at the Chicago wheat and Maisfutures can relax today easy morning of yesterday's losses. The fact that weakens the US dollar exchange rate, the export conditions improve. Also some investors close their short positions before the end of the year and to support grain prices.
The action in the spot market is known between the years however as manageable. However, the weakness of the US dollar is an issue today on the futures exchanges, there are no other messages.
The rate of the U.S. dollar fell against the Japanese Yen to a two week low and rise to the hour even the exchange rate of the euro and the British pound.
Market participants also observed the output of a further wheat tender of Egypt for delivery from February 1 to 10. The results are expected this afternoon.

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