USD Appreciated against the Euro– Daily Recap October 17

Major currencies declined against the USD: the Euro/USD exchanged rate decline: the US dollar also rose against AUD, GBP and CAD. On the other hand, the USD depreciated against the YEN. Major commodities also fell along with the shift in the stock markets as they have also decreased yesterday. Here is a summary of the price movements of major exchange rates for October 17th:

Forex Market:

The Euros to USD exchange rate sharply declined by 1.04% to reach 1.3737; during October, the EUROS/USD inclined by 2.6%; the Australian Dollar  to US Dollar also sharply declined by 1.77% yesterday and reached 1.016. GBP-USD also decreased by 0.48% to 1.574.

The US dollar to Canadian exchange rate increased by 1.36% on Monday to 1.0235. During October the USD/CAD exchange rate declined by 2.6%.

Commodities Market:

Gold price declined yesterday by 0.38% to $1,676. During October, gold price inclined by 3.3%.

WTI spot oil price also dropped by 0.48% to $86.38 per barrel; during October the WTI spot oil price added 5.5% 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 17

[ratings]


For further reading:

Monthly Analysis and Outlook:

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