Natural gas tested new 10-year low; support of 2.00 US Dollars broken

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Source: Forexpros
Natural gas futures fell below its key support level of 2.00 US Dollars per BTU, approaching 10-year low late on Wednesday as traders continued to sell off the fuel. Natural gas for May delivery traded at 1.98 US Dollars per BTU on the New York Mercantile Exchange, sinking by 2.39% in late US trade.


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Thu, 12 Apr 2012 09:52:56 GMT

South Korean unemployment rate decreased to 3.4% in March

The rate of unemployment in South Korea tumbled in March, after attaining 11-month high in February. The March reading indicated that the jobless rate fell to 3.4% as compared to 3.7% in February, reported Statistics Korea. The number of people who have a job increased by 419,000 as compared to March 2011.

Thu, 12 Apr 2012 11:46:30 GMT

Aussie and Kiwi rally as stock markets rebound

New Zealand and Australian currencies strengthened on Thursday as US shares recovered and data showed Australian employers added nearly 7 times more new jobs than predicted in March. Aussie rose 0.5% versus its US peer to USD 1.0301 while Kiwi jumped 0.4% to USD 0.8181. Currently AUD/USD is trading at 1.0390 and NZD/USD is trading at USD 0.8208. 

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