Gas Market Update

March natural gas NGH15, +0.51%  fell by 4.5 cents, or 1.6%, to $2.759 per million British thermal units.

Gasoline Market Update

March gasoline RBH5, -0.44% fell 3.6 cents, or 2.2%, to $1.59 a gallon, while March heating oil HOH5, -0.24%  ended at $1.977 a gallon, up less than a cent. 

Euro trades higher against rivals on upbeat economic reports

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, -0.26%  , compared with ¥134.06 Friday. It traded at 74.34 pence EURGBP, -0.09%  , compared with 73.83 pence.

The ICE U.S. Dollar Index DXY, -0.02%  , a measure of the dollar’s strength against a trade-weighted basket of six currencies, fell 0.12% to 94.0880, after finishing lower for the third-consecutive week Friday.

After trading lower for most of the Asia trading day, the dollar turned higher against the yen, USDJPY, -0.18%  trading at ¥119.29, compared with ¥118.29.

WTI oil rebounds to score third straight gain

Oil prices rebounded during Tuesday’s trading to tally a gain of more than 9% over the past three trading sessions.

crude futures for delivery in March CLH5, -0.50%  settled at $53.53 a barrel, up 75 cents, or 1.4%, from Friday’s settlement. U.S. markets were closed on Monday for Presidents Day and there was no settlement for Nymex WTI crude. Prices on Tuesday had fallen to lows under $51.

Brent crude for April delivery LCOJ5, -0.40%  settled $1.13, or 1.8%, higher at $62.53 a barrel on London’s ICE Futures exchange.

Lunar New Year drives gold to a 6-week low

Gold futures settled on Tuesday at their lowest level in six weeks on bets that Chinese demand for the metal will take a hit as the nation gears up for Lunar New Year celebrations.

Gold for April delivery GCJ5, -0.14%  fell $18.50, or 1.5%, to settle at $1,208.60 an ounce on Comex. Prices, based on the most-active contracts, haven’t settled at a level this low since Jan. 5.