The USD continued to sharply appreciate against major currencies following the FOMC decision to purchase $400 billion LT securities. Euro to US dollar exchange rate declined yesterday; the AUD to US dollar also sharply declined. Yesterday, the USD appreciated against other currencies including the CAD and GBP. Major commodities prices plummeted yesterday. Here is a summary of the price movements of major exchange rates for September 22nd:
Forex Market:
The EURO to US Dollar conversion rate decreased yesterday by 0.80% to 1.3464; during September, the EURO to US Dollar declined by 6.3%. US dollar to Canadian exchange rate sharply inclined by 2.01% on Thursday to 1.0284. During September this exchange rate inclined by 5.2%.
The Australian dollar to USD sharply declined by 3.00% and reached 0.974. During September, the AUD/USD fell by 9.0%. GBP-USD also decreased yesterday by 1.01% to 1.534.
Commodities Market:
Gold price sharply declined yesterday by 3.67% to $1,741. During September, gold price decreased by 4.9%.
WTI Spot oil price also fell by 6.41% to $80.26 per barrel; during September the WTI spot oil price declined by 9.6%.
A summary of yesterday’s Prices Changes:
The table below includes: closing prices, daily percent change, and change in prices and indexes:
[ratings]
For further reading:
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