Here is a weekly recap for the development of major exchange rates including Euro/USD, USD/CAD, AUD/USD and GBP/USD for the week of December 19th to December 23rd 2011:
Currency Forex Trading Weekly Summary:
Euro to US Dollar exchange rate slightly slipped by 0.02% during the week; this week’s average Euro/USD rate reached 1.304, a 0.07% decrease from the previous week’s average of 1.305; the Euro to US dollar conversion finished the week at 1.304. AUD/USD on the other hand rose by 1.69% during the week, and AUD/USD weekly average reached 1.007, a 0.92% increase from the previous week’s average of 0.998. During the week, the AUD/USD inclined by an average daily percent of 0.34%; the EURO/USD decreased by an average of 0.002%.
USD/CAD declined by 1.71% during the week, and this week’s average USD/CAD rate reached 1.027, a 0.74% decrease from the previous week’s average of 1.035. The USD/CAD exchange rate reached on Friday 1.021. Finally the GBP/USD slightly inclined during the week by 0.28% and its average weekly rate also rose by 0.66%.
Currency Forex Trading In the Charts:
The first chart presents the development of the Euro to US Dollar conversion and GBP/USD during the week of December 19th to December 23rd. It shows the moderate changes of both forex exchange rates throughout last week.
For further reading:
Previous issues of weekly report: