The euro traded higher against the pound, yen and dollar Tuesday as economic data showed continued improvement in the eurozone. The euro EURUSD, -0.07% traded at $1.1415, compared with $.1.1335 Friday. The shared currency traded at 137.74 yen EURJPY, -0.25% , compared with ¥134.06 Friday. It traded at 74.34 pence EURGBP, -0.08% , compared with 73.83 pence.
On Nymex, March natural gas NGH15, +0.62% fell by 4.5 cents, or 1.6%, to $2.759 per million British thermal units.
March gasoline RBH5, -0.47% fell 3.6 cents, or 2.2%, to $1.59 a gallon, while March heating oil HOH5, -0.25% ended at $1.977 a gallon, up less than a cent.
Oil prices rebounded during Tuesday’s trading to tally a gain of more than 9% over the past three trading sessions. Analysts attributed the turnaround to a weaker U.S. dollar, violence in Ukraine and the Middle East and volatility tied to crude options expiration. On the New York Mercantile Exchange, crude futures for delivery in March CLH5, -0.43% settled at $53.53 a barrel, up 75 cents, or 1.4%, from Friday’s settlement. Brent crude for April delivery LCOJ5, -0.37% settled $1.13, or 1.8%, higher at $62.53 a barrel on London’s ICE Futures exchange.
The euro traded higher against the pound, yen and dollar Tuesday as economic data showed continued improvement in the eurozone.
