DailyMarkets.com - Forex – Weekly Outlook: January 2 – 6

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• Forex – Weekly Outlook: January 2 – 6
• Residential Natural Gas Prices Are Dropping In PA And OH, Thanks To The Marcellus Shale Boom
• US Signs Iran Central Bank Sanctions Into Law

Forex – Weekly Outlook: January 2 – 6 Posted: 01 Jan 2012 02:12 AM PST Forexpros – The euro traded close to a 15-month low against the U.S. dollar in thin trade on Friday, ending the year on weak note as concerns over the debt crisis in the euro zone continued to dominate market sentiment. With most investors away on year-end leave, trading volumes were thin, resulting in tight liquidity conditions and irregular volatility. The single currency came under strong pressure on Thursday after Italy's Treasury sold just over EUR7 billion of long-term debt maturing … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Residential Natural Gas Prices Are Dropping In PA And OH, Thanks To The Marcellus Shale Boom Posted: 31 Dec 2011 08:31 PM PST 1. “An increased supply of natural gas — thanks in part to development in the Marcellus Shale — as well as warmer weather patterns have lead to lower gas prices for Western Pennsylvania customers in the first quarter of 2012. All three utility providers in the region announced lower rates Friday for the quarter starting Jan. 1 and extending through March 31. 2. “Columbia Gas of Ohio customers have something to look forward to in January: bills that are lower than they were a year ago. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Signs Iran Central Bank Sanctions Into Law Posted: 31 Dec 2011 05:25 PM PST The US President, Barack Obama, has signed into law new sanctions on Iran’s central bank that will punish foreign financial institutions that do business with Iran’s central bank, The Central Bank of the Islamic Republic of Iran.  The new sanctions will begin taking effect in 60 days, but the tougher sanctions will come in around 6 months from now.  The sanctions will essentially shut off access of a non-compliant institution to the US financial markets and banking system.  The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

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