CME Group’s flash data for natural gas futures markets noted traders increased their open interest positions for the fourth session in a row on Tuesda
y, this time by around 7.7K contracts. In the same line, volume went up by more than 1K contracts, adding to the previous daily build.rose sharply on Tuesday, almost fully fading the strong pullback seen at the beginning of the week. The move was on the back of increasing open interest and volume, indicating that extra gains appears in store in the very near term. That said, the next target on the upside emerges at the key $3.00 region per MMBtu.
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The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.EUR/USD is recovering ground to near 1.0500 in the European session. The pair extends the rebound, as the US Dollar pulls back alongside the bond yields ahead of the top-tier US ADP jobs data and the ISM Services PMI. Mixed EU data fails to have any impact on the major. GBP/USD is building on the recovery gains above 1.2100 in the European session on Wednesday.
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