EURO/USD Closed the Week Falling – Daily Recap October 7

The EURO/USD slightly inclined yesterday following the U.S. labor report showed a slight increase in employment during September. The US dollar to CAD exchange rate also slightly inclined despite the improvement in the Canadian employment that was crowded out by the American labor report. Yesterday, the USD appreciated against additional currencies including the YEN and CHF, but the USD depreciated against the GBP and AUD. Most of the major commodities prices sharply inclined yesterday. Here is a summary of the price movements of major exchange rates for October 7th:

Forex Market:

The EURO to US Dollar exchange rate declined by 0.44% to reach 1.3378; during October, the EURO/USD declined by 0.1%; the Australian dollar to USD on the other hand inclined by 0.23% yesterday and reached 0.977.

The US dollar to Canadian exchange rate increased by 0.24% on Friday to 1.0395. During October the USD/CAD exchange rate declined by 1.0%.  GBP-USD increased yesterday by 0.76% to 1.556.

Commodities Market:

Gold price declined yesterday by 1.05% to $1,635. During October, gold price inclined by 0.8%.

WTI Spot oil price slightly increased by 0.47% to $82.98 per barrel; during October the WTI spot oil price increased by 1.4%.

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 7

[ratings]

 For further reading:

Monthly Analysis and Outlook:

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