Here is a weekly recap of the main changes in major exchange rates including Euro/USD, USD/CAD, AUD/USD and GBP/USD for the week of December 5th to December 9th 2011:
Currency Forex Trading Weekly Summary:
Euro to US Dollar exchange rate very slightly declined by 0.11% during the week; this week’s average Euro/USD rate reached 1.339, a 0.01% increase from the previous week’s average of 1.3387; the Euro to US dollar conversion finished the week at 1.339. AUD/USD also declined by 0.52% during the week, and AUD/USD weekly average reached 1.024, a 1.08% increase from the previous week’s average of 1.0139. During the week, the AUD/USD rose by an average daily percent of 0.01%; the EURO/USD decreased by an average of 0.01%.
USD/CAD rose by 0.04% during the week, and this week’s average USD/CAD rate reached 1.015, a 0.79% decrease from the previous week’s average of 1.023. The USD/CAD exchange rate reached on Friday 1.017. Finally the GBP/USD rose during the week by 0.15% and its average weekly rate also rose by 0.21%.
Currency Forex Trading In the Charts:
The chart above presents the changes in Euro to US Dollar conversion and GBP/USD during the week of December 5th to December 9th. It shows no clear trend for these forex exchange rates during last week.
The final chart presents the daily percent changes of selected forex exchange rates including EURO/USD, GBP/USD, and USD/CAD (or in other words the changes around the trend).
For further reading:
Previous issues of weekly report: