Home Natural Gas Futures Prices: Downside seen limited
FXStreet News

Natural Gas Futures Prices: Downside seen limited

CME Group’s advanced readings for Natural Gas futures markets showed open interest and volume shrunk by nearly 24.5K contracts and by around 40.1K contracts, respectively, on Wednesday.

Natural Gas still targets the $2,00 mark

The sharp rebound in prices of Natural Gas since late June lows appears to have met a tough barrier around $1,95 for the time being. Wednesday’s pullback seems logical in light of the recent and strong gains, although diminishing open interest and volume leave no room for a deeper retracement.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.