EURO Slightly Inclined Yesterday –Daily Recap December 1

The Euro/USD started December on a positive note as it slightly inclined for the second straight day. Most other currencies on the other hand depreciated against the US dollar such as the Australian dollar. Here is a summary of the development of major exchange rates for December 1st:

Forex Market:

The Euros to USD exchange rate slightly inclined by 0.12% to reach 1.3462; during the week, the EUROS/USD rose by 1.1%. The US dollar to Canadian exchange rate fell by 0.33% on Thursday to 1.0139. During the week the USD/CAD exchange rate declined by 2.0%.

On the other hand, the Australian Dollar to US Dollar declined by 0.39% yesterday and reached 1.0243. The GBP to USD exchange rate also declined by 0.09% to reach 1.5690; during the week, the GBP to USD rose by 1.2%.

Finally, the US Dollar appreciated against the Yen by 0.11% yesterday and reached 77.7030.

Commodities Market:

Gold price slipped on Thursday by 0.60% to $1,739.80. During the week, gold price slightly inclined by 1.5%.

WTI spot oil price also slightly decreased by 0.16% and reached $100.20 per barrel; during the week the WTI spot oil price added 2.0% 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 December 1

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