The Euro/USD continued to trade with little to no change as it ended the week with very moderate gain. On the other hand the Australian dollar was traded down against the USD. Most other currencies appreciated yesterday against the US dollar such as the Yen and Canadian dollar. Here is a summary of the development of major exchange rates for December 6th:
The Euros to USD exchange rate slightly rose by 0.01% to reach 1.3402; during December, the EUROS/USD fell by 0.3%. The US dollar to Canadian exchange rate fell by 0.64% on Tuesday to 1.01. During the month the USD/CAD exchange rate declined by 0.7%. The Australian Dollar to US Dollar on the other hand declined by 0.24% yesterday and reached 1.0245. The GBP to USD exchange rate also declined by 0.31% to reach 1.56; during the month, the GBP to USD slipped by 0.7%.
Finally, the US Dollar depreciated yesterday against the Yen by 0.12% and reached 77.7295.
Gold price slightly declined on Tuesday by 0.16% to $1,731.80. During the month, gold price slightly declined by 1.1%.
WTI spot oil price on the other hand increased by 0.29% and reached $101.28 per barrel; during December the WTI spot oil price added 0.9% to its value.
A Summary of Yesterday’s Exchange Rate Forex Changes:
The table below includes: closing prices, daily percent change, and change in prices and indexes:
For further reading:
- Weekly Outlook for 5-9 December
- Gold and Silver Prices Weekly Outlook December 5-9
- Crude Oil Prices – Weekly Outlook December 5-9
Monthly Analysis and Outlook: