EURO/USD Bounced Back – Daily Recap October 4

The EURO/USD changed direction and after it had declined in the last couple of business days, yesterday the Euro to US dollar exchange rate bounced back and inclined. Yesterday, the USD depreciated against other currencies including the GBP AUD and CAD, but the USD appreciated against the YEN. Most of the major commodities prices declined yesterday. Here is a summary of the price movements of major exchange rates for October 3rd:

Forex Market:

The EURO to US Dollar exchange rate rose yesterday by 1.31% to 1.3348; the Australian dollar to USD also inclined by 0.47% and reached 0.957. During October, the AUD/USD fell by 0.9%.

The US dollar to Canadian exchange rate slightly slipped by 0.32% on Tuesday to 1.0513. During October the USD/CAD exchange rate inclined by 0.1%.  GBP-USD decreased yesterday by 0.36% to 1.549.

Commodities Market:

Gold price sharply fell yesterday by 2.52% to $1,616. During October, gold price declined by 0.4%.

WTI Spot oil price also declined by 2.50% to $75.67 per barrel; during October the WTI spot oil price fell by 4.5%.

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 canadian exchange rate 2011 EURO USD aud usd October 4

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