Natural gas advanced on bargain hunters

Note: This section contains information in English only.
Source: Forexpros

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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Fri, 19 Oct 2012 18:18:29 GMT

Euro falls to 3-day low on Spain

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.

Fri, 19 Oct 2012 17:56:29 GMT

Eurozone current account added less than expected

The European Central Banks reported on Friday that Eurozone current account increased less than expected in August. Current account grew to €8.8 billion on a seasonally adjusted basis, compared to a revised down reading of €8.1 billion in the preceding month. Analysts, however, expected that current account would be equal to €10.5 billion.

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