Natural gas jumped 2% on expected warm weather

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Source: Forexpros

On Monday, futures for natural gas found support during U.S. morning trading hours, amid warm weather forecasts in the key regions of the U.S. On the NYMEX, July delivery futures for natural gas were traded at USD2.517 a MMBtu, rallying 2% during the morning trade. It earlier peaked at USD2.534 a MMBtu, rising by 2.7%.

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Mon, 18 Jun 2012 19:38:57 GMT

Dollar grows on Spain fears

On Monday, the Greenback was traded higher versus other major currencies, as concerns over Spanish debt situation overshadowed good news from Greece. In the U.S. morning trading session, EUR/USD went down by 0.53%, hitting 1.2572; Cable fall 0.35%, reaching 1.5660; the Yen grew up 0.25% and USD/JPY was traded at 78.89.

Mon, 18 Jun 2012 19:16:57 GMT

The Euro hit a new session low over Spanish concerns

On Monday, the Euro continued its fall versus the U.S. Dollar and reached a new session low, as Spain witnessed record high borrowing costs and Greek concerns over the ability to create a coalition also weighed. The EUR/USD pair hit the bottom at 1.2850, a 3-day low, and later consolidated at 1.2610, witnessing a 0.30% drop during the U.S. morning trading session.

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