Euro falls to 3-day low on Spain

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Source: Forexpros

On Friday, the Euro edged lower, reaching a 3-day low, versus the U.S. counterpart as investor sentiment was driven by ambiguity over Spanish bailout. EUR/USD hit a session low of 1.3038 and consolidated at 1.3051, which was a 0.12% fall for the European morning trade. The pair's support was likely to be found at 1.2993, while the resistance was prone to be at 1.3129.

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Fri, 19 Oct 2012 18:29:30 GMT

Pound higher versus Euro on optimistic data

On Monday, the Pound was traded higher versus the 17-nation currency, following the report, which showed that U.K. budget deficit was the lowest since 2008. The Sterling increased by 0.1% to trade at €1.2290 by 2:22 p.m. in London. Earlier in the day, the British Pound hit a session high of €1.2311 and a session low of €1.2274.

Fri, 19 Oct 2012 18:07:30 GMT

Natural gas advanced on bargain hunters

On Friday, futures for natural gas were higher, since bargain hunters started to buy the commodity after Thursday's fall in prices. On the NYMEX, November delivery futures for natural gas added 1.55% for the European morning trading session and reached the level of $3.630 per million Btu. Earlier, prices for the contracts declined by 1.5%, trading at $3.413.

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