EURO/USD Slightly Declined–Daily Recap November 17

The Euro/USD didn’t do much yesterday despite the sharp falls in the commodities markets; that being said, the Euro continued its downfall again the US dollar. Other Forex currencies also fell against the US dollar such as the Australian dollar, CHF and Canadian currency exchange; the British Pound on the other hand slightly appreciated against the US dollar. Here is a summary of the price movements of major exchange rates for November 17th:

Forex Market:

The Euros to USD exchange rate very slightly declined by 0.04% to reach 1.3458; during November, the EUROS/USD declined by 2.9%; the US dollar to Canadian exchange rate rose by 0.46% on Thursday to 1.0293. During November the USD/CAD exchange rate inclined by 2.8%. Australian Dollar to US Dollar fell by 0.81% yesterday and reached 1.000. The GBP to USD exchange rate on the other hand inclined by 0.15% to reach 1.5755; during November, the GBP to USD shed 2.1% off its value.

The US Dollar also depreciated against the Yen by 0.10% yesterday and reached 76.9818.

Commodities Market:

Gold price sharply fell on Thursday by 3.05% to $1,720.30. During November, gold price declined by 0.3%.

WTI spot oil price also sharply declined by 3.67% and reached $98.82 per barrel; during November the WTI spot oil price added 6.0% 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 2011 EURO USD November 17

For further reading:

Monthly Analysis and Outlook:

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