Light Falls for EURO and AUD – Daily Recap October 28

After the sharp gains to the Euro and AUD and several other currencies against the USD on Thursday following the news of EU agreement on the EU debt resolution, and the U.S. GDP growth rate , the forex markets made a correction yesterday and ended with light falls for major currencies against the USD: the Euro/USD exchanged rate slipped; the US dollar also appreciated against the Canadian dollar the AUD and CHF. Major commodities prices slightly changed, and the American stock markets also moderately changed. Here is a summary of the price movements of major exchange rates for October 28th:

Forex Market:

The Euros to USD exchange rate slipped by 0.30% to reach 1.4147; during October, the EUROS/USD inclined by 5.7%; the Australian Dollar to US Dollar also fell by 0.27% yesterday and reached 1.070.

The US dollar to Canadian exchange rate inclined by 0.08% on Friday to 0.9917. During October the USD/CAD exchange rate declined by 5.6%. On the other hand, the US Dollar depreciated against the British Pound by 0.19% yesterday and reached 1.613.

Commodities Market:

Silver price slightly increased yesterday by 0.50% to $35.29. During October, silver price inclined by 17.3%.

WTI spot oil price on the other hand slipped by 0.68% and reached $93.32 per barrel; during October the WTI spot oil price added 14.0% 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 28

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