Euro/USD Edged Up on Thursday –Daily Recap April 26

The Euro/USD continues to be at a stalemate as it doesn’t move past the range of 1.305 and 1.325 in the past few weeks. The recent news of the additional stimulus plan of BOJ may affect the Yen. Yesterday, many other currencies including the British Pound and Aussie dollar also slightly appreciated vs the USD. The safe haven currencies CHF and Yen also appreciated against the US dollar. Gold and silver prices bounced back on Thursday; finally, crude oil price (WTI) increased again.

Here is a summary of the development of major currencies for April 26th:

Forex Market:

The Euros to US Dollar edged up by 0.01% to 1.3218; during the month, the EUROS/USD decreased by 0.94%. Australian Dollar to US Dollar also increased by 0.37% to 1.391.

The U.S dollar to Canadian dollar rose to 0.984. During April the USD/CAD exchange rate decreased by 1.41%.

The GBP to USD edged up by 0.14% to 1.6185; from the beginning of the month the GBP to USD increased by 1.25%.

Finally, the U.S Dollar/ Yen traded down by 0.43% to 80.99. 

Commodities Market:

Gold price bounced back on Thursday by 1.11% to $1,660.5. During April, gold price decreased by 0.68%.

WTI oil price also rose by 0.82% and reached $104.55 per barrel; during the month the WTI increased by 1.49%.

A Summary of the Changes in Exchange Rates for April 26th:

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

Exchange Rate Forex 2012 EURO USD April 26

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