EURO/USD Kept Falling –Daily Recap November 15

The Euro/USD continued its decline and the concerns revolving the European debt crisis continued, the Euro keeps showing weakness. Other Forex currencies also deprecated against the US dollar including the CHF, Australian dollar and Canadian currency exchange; the Yen on the other hand slightly rose against the US dollar. Here is a summary of the price movements of major exchange rates for November 15th:

Forex Market:

The Euros to USD exchange rate fell again by 0.69% to reach 1.3540; during November, the EUROS/USD declined by 2.3%; the US dollar to Canadian exchange rate inclined by 0.43% on Tuesday to 1.0211. During November the USD/CAD exchange rate rose by 2.0%. Australian Dollar to US Dollar slightly decreased by 0.26% yesterday and reached 1.018. The GBP to USD exchange rate also declined by 0.55% to reach 1.582; during November, the GBP to USD shed 1.7% off its value.

The US Dollar also appreciated against the CHF by 0.75% yesterday and reached 0.915.

Commodities Market:

Gold price bounced back on Tuesday by 0.21% to $1,782.20. During November, gold price inclined by 3.3%.

WTI spot oil price also rose by 1.25% and reached $99.37 per barrel; during November the WTI spot oil price added 6.6% 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 15

For further reading:

Monthly Analysis and Outlook:

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