The Euro/USD continues to zigzag and after it bounced back on Friday, the exchange rate changed direction and slightly fell on the first day of the week. Other Forex currencies also depreciated against the US dollar such as the Australian dollar, British Pound and Canadian currency exchange. Here is a summary of the price movements of major exchange rates for November 21st:
The Euros to USD exchange rate slightly fell by 0.26% to reach 1.3490; during November, the EUROS/USD decreased by 2.7%; the US dollar to Canadian exchange rate rose by 1.21% on Monday to 1.0400. During November the USD/CAD exchange rate inclined by 3.9%. Australian Dollar to US Dollar sharply declined by 1.67% yesterday and reached 0.984. The GBP to USD exchange rate also declined by 1.04% to reach 1.5642; during November, the GBP to USD shed 2.8% off its value.
The US Dollar on the other hand slightly depreciated against the Yen by 0.03% yesterday and reached 76.888.
Gold price sharply fell on Monday by 2.70% to $1,678.60. During November, gold price also declined by 2.7%.
WTI spot oil price also declined by 0.74% and reached $96.69 per barrel; during November the WTI spot oil price added 3.8% 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: