© Dukascopy Bank
Interchange between wheat and crude oil fell to two-month low of minus 0.27 amid strong US Dollar. At the same time, wheat's link with sugar remained in the negative area hitting minus 0.01 while its connection with coffee eased down to 0.15 during the day. Wheat's tie with corn approached one-month high of 0.85 as South American crop conditions continued to impact market sentiment. Meanwhile, wheat's link with the Dow Jones Industry Average (INDU) strengthened to 0.37 from 0.29.
© Dukascopy Bank