Natural gas pulled back a 5-week high

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Source: Forexpros

Futures for natural gas were lower in U.S. morning trading session on Wednesday, as traders were locking gains from a rally which brought prices to a 5-week high. On the NYMEX, October delivery futures for natural gas were traded at USD2.961 a MMBtu, which was a 1.05% fall for the U.S. morning trade. Earlier, prices rose by 1.4%, being traded at USD3.036 per MMBtu.

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Wed, 12 Sep 2012 15:42:48 GMT

Crude oil turned lower after U.S. supply data

Crude oil futures turned lower after U.S. government's report showed oil supplies rose surprisingly last week.  Crude with October contract inched lower 0.21% to $69.93 per barrel. U.S. crude oil stockpiles jumped 2 million barrels in the week ended September 7, beating expectations for a decline of 2.6 million barrels.

Wed, 12 Sep 2012 16:04:48 GMT

The Euro was higher versus the U.S. Dollar on German court

On Wednesday, the Euro was traded near a 4-month high versus the Greenback, after the constitutional court in Germany approved the bailout fund, and amid continuing speculations about Fed's further monetary stimulus. The EUR/USD pair hit a 4-month high of 1.2936 and consolidated at 1.2905, which was a 0.40% gain for the U.S. morning trading session.

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