Euro/USD Continued to Trade Up–Daily Recap January 18

The Euro/USD rose for the second straight day. Other currencies also appreciated against the U.S. dollar including the Australian dollar and GB Pound; the Yen also slightly appreciated against the U.S. dollar. Major energy commodities prices such as crude oil prices declined while gold price slightly rose on Wednesday’s trading.

Here is a summary of the development of major exchange rates for January 18th:

Forex Market:

The Euros to USD exchange rate rose by 0.99% to 1.2863; during January, the EUROS/USD fell by 0.76%. The Australian Dollar to US Dollar also rose by 0.58% and reached 1.0437.

The US dollar to Canadian exchange rate fell by 0.38% on Wednesday to 1.0112. During January the USD/CAD exchange rate decreased by 0.99%.

The GBP to USD exchange rate slightly increased by 0.14% to reach 1.5438; during the month, the GBP to USD decreased by 0.68%.

The U.S Dollar depreciated against the Yen by 0.01% and reached 76.8250. 

Commodities Market:

Gold price slightly rose on Wednesday by 0.26% to $1,659.90. During January, gold price has increased by 5.94%.

WTI spot oil price on the other hand decreased by 0.12% and reached $100.59 per barrel; during January the WTI spot oil price added 1.78% 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:

Exchange Rate Forex euro to us dollar conversion 2012 EURO USD January 18

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