EURO Slightly Slipped Yesterday –Daily Recap November 29

The Euro/USD didn’t do much yesterday and the successful auction of the Italian debt at nearly 8 billion euros may have helped stabilize the currency in this uncertain times. Most other currencies on the other hand continued to appreciate against the US dollar such as the Canadian Dollar, GBP and yen. Here is a summary of the price movements of major exchange rates for November 29th:

Forex Market:

The Euros to USD exchange rate very moderately declined by 0.02% to reach 1.3317; during November, the EUROS/USD fell by 3.9%. On the other hand, the Australian Dollar to US Dollar inclined by 0.97% yesterday and reached 1.0001. The GBP to USD exchange rate also rose by 0.57% to reach 1.5598; during November, the GBP to USD shed 3.0% off its value.

The US dollar to Canadian exchange rate fell by 0.19% on Tuesday to 1.0321. During November the USD/CAD exchange rate inclined by 3.1%.

Finally, the US Dollar depreciated against the Yen by 0.07% yesterday and reached 77.9253.

Commodities Market:

Gold price slightly inclined on Tuesday by 0.26% to $1,718.90. During November, gold price slightly declined by 0.4%.

WTI spot oil price also sharply increased by 1.61% and reached $99.79 per barrel; during November the WTI spot oil price added 7.1% 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 29

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