Sunday, October 2, 2011

DailyMarkets.com - Forex – EUR/USD Weekly Outlook: October 3-7

DailyMarkets.com - Forex – EUR/USD Weekly Outlook: October 3-7


Forex – EUR/USD Weekly Outlook: October 3-7

Posted: 02 Oct 2011 08:53 AM PDT

Forexpros – Last week saw the euro fall sharply against the U.S. dollar, ending close to a nine-month low as concerns that the debt crisis in the euro zone is deepening weighed on demand for the single currency.

EUR/USD hit 1.3361 on Monday, the pair’s lowest since January 18; the pair subsequently consolidated at 1.3384 by close of trade on Friday, falling 1% over the week.

The pair is likely to find support at 1.3252, the low of January 18 and resistance at 1.3600, Friday’s high.

The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Natural Gas Futures – Weekly Review: September 26-30

Posted: 02 Oct 2011 08:47 AM PDT

Forexpros – Natural gas futures tumbled to an 11-month low on Friday, as moderate autumn weather across most parts of the U.S. was expected to limit demand for the fuel, while rising production levels in the U.S. also contributed to losses.

On the New York Mercantile Exchange, natural gas futures for delivery in November settled at USD3.655 per million British thermal units by close of trade on Friday, dropping 2.95% over the week, the third consecutive weekly decline.

The November contract … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Weekly Outlook: October 3-7

Posted: 02 Oct 2011 08:18 AM PDT

Forexpros – The pound was lower against the U.S. dollar on Friday, trimming the week’s gains as renewed fears over the sovereign debt crisis in the euro zone prompted investors to sell riskier assets.

GBP/USD hit 1.5715 on Thursday, the pair’s highest since September 21; the pair subsequently consolidated at 1.5581 by close of trade on Friday, gaining 0.65% over the week.

The pair is likely to find support at 1.5431, the low of September 26 and resistance at 1.5746, the high of September … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Grain Futures – Weekly Review: September 26-30

Posted: 02 Oct 2011 07:39 AM PDT

Forexpros – Corn futures plunged to a nine-month low on Friday, while wheat and soybean futures also tumbled to multi-month lows after a government report showed larger U.S. inventories than forecast, easing concerns over tightening global supplies.

On the Chicago Mercantile Exchange, corn futures for December delivery traded at USD5.9238 per bushel by close of trade on Friday, the lowest price since December 17, 2010.

The corn contract fell 8.28% over the week, the fifth consecutive weekly … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Natural Gas Futures – Weekly Review: September 26-30

Posted: 01 Oct 2011 10:02 PM PDT

By ForexMansion.com
Forexpros – Natural gas futures tumbled to an 11-month low on Friday, as moderate autumn weather across most parts of the U.S. was expected to limit demand for the fuel, while rising production levels in the U.S. also contributed to losses.
On the New York Mercantile Exchange, natural gas futures for delivery in November settled at USD3.655 per million British thermal units by close of trade on Friday, dropping 2.95% over the week, the third consecutive weekly decline.
The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


EUR/USD Weekly Outlook: October 3-7

Posted: 01 Oct 2011 10:02 PM PDT

By ForexMansion.com
Forexpros – Last week saw the euro fall sharply against the U.S. dollar, ending close to a nine-month low as concerns that the debt crisis in the euro zone is deepening weighed on demand for the single currency.
EUR/USD hit 1.3361 on Monday, the pair's lowest since January 18; the pair subsequently consolidated at 1.3384 by close of trade on Friday, falling 1% over the week.
The pair is likely to find support at 1.3252, the low of January 18 and resistance at 1.3600, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – GBP/USD Weekly Outlook: October 3-7

Posted: 01 Oct 2011 09:32 PM PDT

By ForexMansion.com
Forexpros – The pound was lower against the U.S. dollar on Friday, trimming the week's gains as renewed fears over the sovereign debt crisis in the euro zone prompted investors to sell riskier assets.
GBP/USD hit 1.5715 on Thursday, the pair's highest since September 21; the pair subsequently consolidated at 1.5581 by close of trade on Friday, gaining 0.65% over the week.
The pair is likely to find support at 1.5431, the low of September 26 and resistance at 1.5746, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Grain Futures – Weekly Review: September 26-30

Posted: 01 Oct 2011 09:01 PM PDT

By ForexMansion.com
Forexpros – Corn futures plunged to a nine-month low on Friday, while wheat and soybean futures also tumbled to multi-month lows after a government report showed larger U.S. inventories than forecast, easing concerns over tightening global supplies.
On the Chicago Mercantile Exchange, corn futures for December delivery traded at USD5.9238 per bushel by close of trade on Friday, the lowest price since December 17, 2010.
The corn contract fell 8.28% over the week, the fifth … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – USD/CAD Weekly Outlook: October 3-7

Posted: 01 Oct 2011 08:32 PM PDT

By ForexMansion.com
Forexpros – The U.S. dollar ended the week sharply higher against its Canadian counterpart on Friday, as renewed worries over the euro zone debt crisis and the global outlook boosted demand for safer assets.
USD/CAD hit 1.0502 on Friday, the pair's highest since September 8, 2010; the pair subsequently consolidated at 1.0500 by close of trade on Friday, climbing 2.12% over the week.
The pair is likely to find support at 1.0223, the low of September 23 and resistance at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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