The EURO/USD continued its slow climb and slightly inclined yesterday after the ECB announced it will keep its interest rates unchanged at 1.5%. The AUD to US dollar exchange rate also slightly inclined. Yesterday, the USD depreciated against additional currencies including the YEN and CHF, but the USD appreciated against the GBP. Most of the major commodities prices sharply inclined yesterday. Here is a summary of the price movements of major exchange rates for October 6th:
The EURO to US Dollar exchange rate inclined by 0.67% to reach 1.3437; during October, the EURO/USD inclined by 0.4%; the Australian dollar to USD also inclined by 0.90% yesterday and reached 0.975.
The US dollar to Canadian exchange rate slipped by 0.31% on Thursday to 1.0370. During October the USD/CAD exchange rate declined by 1.3%. GBP-USD decreased yesterday by 0.10% to 1.545.
Gold price sharply inclined yesterday by 1.54% to $1,653. During October, gold price inclined by 1.9%.
WTI Spot oil price also sharply increased by 3.65% to $82.59 per barrel; during October the WTI spot oil price increased by 0.9%.
A Summary of Yesterday’s Prices Changes:
The table below includes: closing prices, daily percent change, and change in prices and indexes:
For further reading:
Monthly Analysis and Outlook: