EURO/USD Changed Direction and Rallied on Friday–Recap November 18

The Euro/USD changed direction and slightly inclined on the last day of the week after it had fallen during the week. Other Forex currencies also rallied 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 18th:

Forex Market:

The Euros to USD exchange rate slightly rose by 0.50% to reach 1.3525; during November, the EUROS/USD declined by 2.4%; the US dollar to Canadian exchange rate fell by 0.16% on Friday to 1.0276. During November the USD/CAD exchange rate inclined by 2.7%. Australian Dollar to US Dollar slightly inclined by 0.08% yesterday and reached 1.001. The GBP to USD exchange rate inclined by 0.32% to reach 1.5806; during November, the GBP to USD shed 1.8% off its value.

The US Dollar also depreciated against the Yen by 0.10% yesterday and reached 76.9080.

Commodities Market:

Gold price slightly rose on Friday by 0.28% to $1,725.10. During November, gold price didn’t grow.

WTI spot oil price on the other hand declined by 1.43% and reached $97.41 per barrel; during November the WTI spot oil price added 4.5% 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 18

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