The Euro changed direction and slightly increased yesterday against he US dollar; furthermore, many other currencies also slightly appreciated against the U.S dollar including Yen and GBP. Silver and gold prices finished Tuesday’s trading rising; crude oil price on the other hand sharply fell yesterday.
Here is a summary of the development of major currencies for February 28th:
Forex Market:
The Euros to US Dollar increased by 0.46% at 1.3458; during the month, the EUROS/USD rose by 2.87%. Australian Dollar to US Dollar also increased by 0.11% to 1.0766.
The U.S dollar to Canadian dollar slightly fell to 0.9954. During February the USD/CAD exchange rate fell by 0.72%.
The GBP to USD increased by 0.49% to 1.5901; from the beginning of the month the GBP to USD rose by 0.90%.
Finally, the U.S Dollar/ Yen sharply fell by 0.17% to 80.460.
Commodities Market:
Silver price sharply rose on Tuesday to $37.21. During the month, silver price increased by 11.85%.
WTI oil price on the other hand decreased by 1.86% and reached $106.55 per barrel; during the month the WTI rose by 8.19%.
A Summary of Yesterday’s Exchange Rates:
The table below includes: closing prices, daily percent change, and daily changes:
For further reading: