Sunday, October 23, 2011

DailyMarkets.com - Natural Gas Futures – Weekly Review: October 17-21

DailyMarkets.com - Natural Gas Futures – Weekly Review: October 17-21


Natural Gas Futures – Weekly Review: October 17-21

Posted: 23 Oct 2011 08:52 AM PDT

Forexpros – Natural gas futures rose for the third consecutive day on Friday, as expectations for increased heating demand in the U.S. and data showing a drop in U.S. natural gas production buoyed prices.

On the New York Mercantile Exchange, natural gas futures for delivery in November settled at USD3.648 per million British thermal units by close of trade on Friday, jumping 3.1% over the week, the second consecutive weekly gain.

Natural gas prices rose 1.1% on Friday after the Commodity … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


Forex – EUR/USD Weekly Outlook: October 24-28

Posted: 23 Oct 2011 08:35 AM PDT

Forexpros – The euro ended the week higher against the U.S. dollar on Friday, as renewed optimism over European moves to stem the region’s debt crisis boosted demand for riskier assets.

EUR/USD hit 1.3913 on Monday, the pair’s highest since September 15; the pair subsequently consolidated at 1.3893 by close of trade on Friday, gaining 0.19% over the week.

The pair is likely to find support at 1.3582, the low of October 15 and resistance at 1.4098, the high of September 8.

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


Forex – GBP/USD Weekly Outlook: October 24-28

Posted: 23 Oct 2011 08:08 AM PDT

Forexpros – The pound ended the week sharply higher against the U.S. dollar on Friday, hitting a six-week high amid growing optimism over the capacity of European leaders to come up with a viable solution to the region’s debt crisis in the coming days.

GBP/USD hit 1.5972 on Friday, the pair’s highest since September 9; the pair subsequently consolidated at 1.5950 by close of trade on Friday, gaining 0.76% over the week.

The pair is likely to find support at 1.5730, the low of October 17 and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


No comments:

Post a Comment