Euro/USD Started the Week Rising – Daily Recap October 24

The Euro/USD exchanged rate started the week with light gains as it rose for the fifth straight business day; the US dollar also depreciated against AUD, CHF, YEN and GBP. Major commodities prices sharply inclined yesterday, along with the sharp gains recorded in the American stock markets. Here is a summary of the price movements of major exchange rates for October 24th:

Forex Market:

The Euros to USD exchange rate slightly inclined by 0.24% to reach 1.3930; during October, the EUROS/USD inclined by 4.0%; GBP-USD also increased by 1.03% to 1.595; the Australian Dollar  to US Dollar inclined by 0.95% yesterday and reached 1.048. The US Dollar also fell against the British Pound by 0.28% yesterday and reached 1.600.

The US dollar to Canadian exchange rate decreased by 0.28% on Monday to 1.0038. During October the USD/CAD exchange rate declined by 4.4%.

Commodities Market:

Gold price rose yesterday by 0.99% to $1,652. During October, gold price inclined by 1.8%.

WTI spot oil price also sharply rose 4.53% and reached $91.17 per barrel; during October the WTI spot oil price added 11.4% to its value.

A Summary of Yesterday’s Prices Changes:

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

euro to us dollar conversion canadian exchange rate 2011 EURO USD October 24

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