The USD sharply appreciated yesterday against major currencies following the recent FOMC decision to purchase $400 billion LT securities and sell back short term securities. Euro to US dollar conversion rate sharply fell yesterday; the US dollar also strongly appreciated yesterday against other currencies such as the AUD, CAD and GBP. Major commodities prices also declined yesterday. Here is a summary of the price movements of major exchange rates for September 21st:
The EURO to US Dollar conversion rate sharply declined yesterday by 0.94% and reached 1.3573. During September, the EURO to US Dollar declined by 5.5%. The Australian dollar to USD sharply declined by 2.28% and reached 1.004. During September, the AUD/USD shed 6.2% of its value. GBP-USD also decreased yesterday by 1.51% to 1.550.
US dollar to Canadian exchange rate inclined by 1.55% on Wednesday to 1.0081. During September this exchange rate inclined by 3.1%.
Gold price slightly declined yesterday by 0.06% to reach $1,808. During September, gold price decreased by 1.3%.
WTI Spot oil price also fell by 1.31% to $85.75 per barrel; during September the WTI spot oil price declined by 3.4%.
A summary of yesterday’s Prices Changes:
The table below includes: closing prices, daily percent change, and change in prices and indexes:
For further reading: