The Euro bounced back from the sharp fall it had suffered on Wednesday; other Forex currencies also rallied against the US dollar including the Canadian dollar, Australian dollar and GB pound. Here is a summary of the price movements of major exchange rates for November 10th:
Forex Market:
The Euros to USD exchange rate moderately inclined by 0.47% to reach 1.3606; during November, the EUROS/USD declined by 1.8%; the US dollar to Canadian exchange rate fell by 0.75% on Thursday to 1.0169. During November the USD/CAD exchange rate inclined by 1.6%. Australian Dollar to US Dollar rose by 0.12% yesterday and reached 1.016. The GBP to USD exchange rate also rose by 0.11% to reach 1.5994; during November, the GBP to USD declined by 1.0%.
The US Dollar also depreciated against the CHF by 0.37% yesterday and reached 0.906.
Commodities Market:
Gold price sharply declined yesterday by 1.79% to $1,759.60. During November, gold price inclined by 2.0%.
WTI spot oil price on the other hand rose by 2.13% and reached $97.78 per barrel; during November the WTI spot oil price added 4.9% 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:
- Gold and Silver Prices Weekly Outlook for November 7th – 11th
- Forex Market | Weekly Recap 31 October 4 November
Monthly Analysis and Outlook: