Forex Market Update

The dollar weakened Monday as traders bought back pounds and euros at lower levels following sharp falls in the value of those currencies on Friday.

The euro EURUSD, -0.42%  rose off a 12-year low to trade at $1.0853, compared with $1.0844 Friday. The pound GBPUSD, -0.30%  traded at $1.5126, compared with $1.5037.

The dollar USDJPY, +0.49%  inched higher against the yen, trading at ¥121.14, compared with ¥120.81 Friday.

The ICE U.S. Dollar Index DXY, +0.36% a measure of the buck’s strength against a basket of six rival currencies, was flat at 97.63.

Gasoline Market Update

On Nymex Monday, April gasoline RBJ5, +0.02%  fell less than a cent to $1.875 a gallon and heating oil for the same month HOJ5, +0.26% shed 2.9 cents to $1.84 a gallon.

April natural gas NGJ15, +0.86%  settled at $2.678 per million British thermal units, down 16 cents, or 5.7%. Prices had gained 3.8% last week.

Oil Market Update

Crude-oil futures settled higher on Monday, with prices finding footing at $50 a barrel after steep declines late last week due to a stronger dollar and rising U.S. oil supplies.

On the New York Mercantile Exchange, crude for delivery in April CLJ5, +0.30%  climbed 39 cents, or 0.8%, to settle at $50 a barrel after tallying a decline of 3.8% over the past two trading sessions. Brent crude oil for April delivery LCOJ5, +0.03%  on London's ICE Futures exchange fell $1.20, or 2%, to settle at $58.53 a barrel.