The Euro/USD changed direction and after it had declined for three straight days, it moderately increased ; other currencies also appreciation against the U.S. dollar including the Canadian dollar and Australian dollar; the Yen also appreciated against the U.S. dollar. Most commodities prices such as crude oil prices and gold price declined.
Here is a summary of the development of major exchange rates for January 9th:
Forex Market:
The Euros to USD exchange rate rose by 0.38% to 1.2765; during January, the EUROS/USD fell by 1.51%. The Australian Dollar to US Dollar also increased by 0.11% and reached 1.0239.
The US dollar to Canadian exchange rate declined by 0.48% on Monday to 1.0235. During January the USD/CAD exchange rate rose by 0.22%.
The GBP to USD exchange rate also rose by 0.21% to reach 1.5458; during the month, the GBP to USD decreased by 0.55%.
The U.S Dollar appreciated against the Yen by 0.15% and reached 76.855.
Commodities Market:
Gold prices moderately fell on Monday by 0.38% to $1,608.10. During January, gold price has increased by 2.64%.
WTI spot oil price also decreased by 0.25% and reached $101.31 per barrel; during January the WTI spot oil price added 2.51% 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: