Sunday, November 6, 2011

DailyMarkets.com - Natural Gas Futures – Weekly Outlook: November 7-11

DailyMarkets.com - Natural Gas Futures – Weekly Outlook: November 7-11

Natural Gas Futures – Weekly Outlook: November 7-11

Posted: 06 Nov 2011 07:40 AM PST

Forexpros – Natural gas futures were little changed on Friday, as mild weather forecasts and concerns about growing U.S. inventories continued to dominate market sentiment.

On the New York Mercantile Exchange, natural gas futures for delivery in December settled at USD3.800 per million British thermal units by close of trade on Friday, dropping 3.5% over the week, the first weekly decline in three.

Industry weather group MDA Federal said Friday that it expected mostly milder-than-normal … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Weekly Outlook: November 7-11

Posted: 06 Nov 2011 07:39 AM PST

Forexpros – The euro ended the week sharply lower against the U.S. dollar on Friday, as sustained concerns over the debt crisis in the euro zone and the outcome of a key vote in Greece weighed on demand for the single currency.

EUR/USD hit 1.3067 on Tuesday, the pair’s lowest since October 12; the pair subsequently consolidated at 1.3787 by close of trade on Friday, tumbling 2.56% over the week.

The pair is likely to find support at 1.3607, the low of November 1 and resistance at 1.3975, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Weekly Outlook: November 7-11

Posted: 06 Nov 2011 07:03 AM PST

Forexpros – The pound ended the week lower against the U.S. dollar on Friday, tracking the euro’s losses as ongoing worries over the European rescue package and Greece’s political turmoil weighed on demand for riskier assets.

GBP/USD hit 1.5875 on Thursday, the pair’s lowest since October 21; the pair subsequently consolidated at 1.6030 by close of trade on Friday, shedding 0.62% over the week.

The pair is likely to find support at 1.5875, the low of November 3 and resistance at 1.6165, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – USD/CAD Weekly Outlook: November 7-11

Posted: 06 Nov 2011 06:34 AM PST

Forexpros – The U.S. dollar ended the week sharply higher against its Canadian counterpart on Friday, as uncertainty over the euro zone bailout package and the outcome of Greece’s political turmoil boosted demand for the safe haven greenback.

USD/CAD hit 1.0227 on Friday, the pair’s highest since October 20; the pair subsequently consolidated at 1.0182 by close of trade on Friday, jumping 2.57% over the week.

The pair is likely to find support at 0.9972, the low of November 1 and resistance … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Grain Futures – Weekly Outlook: November 7-11

Posted: 06 Nov 2011 06:25 AM PST

Forexpros – U.S. corn and wheat futures were little changed on Friday, as commodity traders continued to eye developments out of Greece in regards to its debt crisis, while soybean futures came under pressure amid concerns over a slowdown in global demand.

Agricultural commodities continued to be affected by outside influences on Friday as market sentiment was dented after leaders of the Group of 20 industrialized nations failed to agree on a plan to enhance the euro zone's response to its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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