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Natural Gas Futures: Neutral/Bearish outlook remains unchanged

Investors reduced their open interest positions for the second consecutive session on Friday, now by around 2.3K contracts according to advanced figures from CME Group. Volume, instead, reversed four consecutive sessions and rose by nearly 37.2K contracts.

Natural Gas faces further consolidation

Prices of Natural Gas charted and inconclusive session on Friday amidst shrinking open interest and rising volume. Against this, further consolidation appears on the cards, while a breakout of this theme should face the next hurdle at the $3.00 mark per MMBtu in the near-term.

EUR/USD to revisit the 1.1695 interim support – Commerzbank

EUR/USD is trading just above the 1.17 level. August low was made at 1.1695 and Axel Rudolph, Senior FICC Technical Analyst at Commerzbank, expects th
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USD/JPY risks extra downside below 104.70 – UOB

In opinion of FX Strategists at UOB Group, USD/JPY is posed to extend the decline if 104.70 is cleared in the next weeks. Key Quotes 24-hour view: “We
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