Aussie Dollar Declined on Monday –Daily Recap April 30

The Euro/USD didn’t do much yesterday and slightly declined; the Aussie dollar also slipped yesterday but the recent announcement of the RBA to reduce the cash rate by 0.5 percent point will probably adversely affect the Aussie dollar during today’s trading.   

The safe haven currencies CHF also depreciated against the U.S dollar. Gold and silver prices slipped on Monday; finally, crude oil price (WTI) slightly decreased.

Here is a summary of the development of major currencies for April 30th:

Forex Market:

The Euros to US Dollar edged down by 0.11% to 1.3239; during the month, the EUROS/USD decreased by 0.79%. Australian Dollar to US Dollar also decreased by 0.4% to 1.0429.

The U.S dollar to Canadian dollar rose to 0.987. During April the USD/CAD exchange rate decreased by 1.13%.

The GBP to USD edged down by 0.2% to 1.6234; from the beginning of the month the GBP to USD increased by 1.56%.

Finally, the U.S Dollar/ Yen traded down by 0.56% to 79.82.

Commodities Market:

Gold price edged down on Monday by 0.04% to $1,664.2. During April, gold price decreased by 0.46%.

WTI oil price also slipped by 0.06% and reached $104.87 per barrel; during the month the WTI increased by 1.8%.

A Summary of the Changes in Exchange Rates for April 30th:

The table below includes: closing prices, daily percent change, and daily changes:

Exchange Rate Forex 2012 EURO USD May 1

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