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 26th to December 30th 2011:
Currency Forex Trading Weekly Summary:
Euro to US Dollar exchange rate slipped by 0.64% during the week; this week’s average Euro/USD rate reached 1.298, a 47% decrease from the previous week’s average of 1.304; the Euro to US dollar conversion finished the week at 1.2961. AUD/USD on the other hand rose by 0.56% during the week, and AUD/USD weekly average reached 1.015, a 0.77% increase from the previous week’s average of 1.007. During the week, the AUD/USD inclined by an average daily percent of 0.14%; the EURO/USD decreased by an average of 0.158%.
USD/CAD moderately inclined by 0.07% during the week, but this week’s average USD/CAD rate reached 1.021, a 0.60% decrease from the previous week’s average of 1.027. The USD/CAD exchange rate reached on Friday 1.0213. Finally the GBP/USD slightly declined during the week by 0.29% and its average weekly rate also fell by 0.63%.
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 26th to December 30th. It shows the moderate downward trend of both forex exchange rates throughout last week.
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