Euro/USD Sharply Inclined Yesterday – Daily Recap October 12

The Euro/USD exchanged rate sharply inclined as the US dollar sharply depreciated against major currencies: the US dollar sharply fell against CAD, AUD and GBP. On the other hand, the USD appreciated against the YEN. The precious metals’ prices sharply inclined yesterday. Here is a summary of the price movements of major exchange rates for October 12th:

Forex Market:

The Euros to USD exchange rate inclined by 1.11% to reach 1.3792; during October, the EUROS/USD inclined by 3.0%; the Australian Dollar  to US Dollar also sharply inclined by 2.06% yesterday and reached 1.016.

The US dollar to Canadian exchange rate decreased by 1.22% on Wednesday to 1.0173. During October the USD/CAD exchange rate declined by 3.1%.  GBP-USD also sharply increased by 1.13% to 1.575.

Commodities Market:

Gold price sharply increased yesterday by 1.30% to $1,682. During October, gold price inclined by 3.70%.

WTI spot oil price on the other hand slightly fell by 0.28% to $85.57 per barrel; during October the WTI spot oil price increased 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 conversion canadian exchange rate 2011 EURO USD October 12

[ratings]

 For further reading:

Monthly Analysis and Outlook:

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