The Euro changed direction again and slightly fell on Monday after it had inclined on Friday; the speculation in Europe is still high and could keep affecting the major forex currencies. Other Forex currencies also deprecated against the US dollar including the Australian dollar, Canadian currency exchange and GB Pound. Here is a summary of the price movements of major exchange rates for November 14th:
Forex Market:
The Euros to USD exchange rate declined by 0.84% to reach 1.3634; during November, the EUROS/USD declined by 1.6%; the US dollar to Canadian exchange rate rose by 0.62% on Monday to 1.0167. During November the USD/CAD exchange rate inclined by 1.6%. Australian Dollar to US Dollar fell by 0.69% yesterday and reached 1.021. The GBP to USD exchange rate also declined by 0.96% to reach 1.591; during November, the GBP to USD fell by 1.1%.
The US Dollar also appreciated against the CHF by 0.97% yesterday and reached 0.908.
Commodities Market:
Gold price slipped on Monday by 0.54% to $1,778.40. During November, gold price inclined by 3.1%.
WTI spot oil price also fell by 0.86% and reached $98.14 per barrel; during November the WTI spot oil price added 5.3% 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:
Monthly Analysis and Outlook: