Euro/USD Ended the week Falling –Daily Recap January 20

The Euro/USD changed direction on the last day of the week and slipped after it had risen for three straight days. On the other hand several other currencies appreciated against the U.S. dollar including the Australian dollar, Yen and Great Britain Pound; the Canadian dollar slightly depreciated against the U.S. dollar. Major commodities prices such as crude oil prices fell while gold price rallied on Friday’s trading.

Here is a summary of the development of major exchange rates for January 20th:

Forex Market:

The Euros to USD exchange rate decreased by 0.29% to 1.2931; during January, the EUROS/USD fell by 0.23%. The Australian Dollar to US Dollar on the other hand rose by 0.62% and reached 1.0484.

The U.S dollar to Canadian exchange rate rose by 0.25% on Friday to 1.0133. During January the USD/CAD exchange rate decreased by 0.78%.

The GBP to USD exchange rate slightly rose by 0.57% to reach 1.5576; during the month, the GBP to USD increased by 0.21%.

The U.S Dollar depreciated against the Yen by 0.13% and reached 77.0105. 

Commodities Market:

Gold price slightly rose on Friday by 0.57% to $1,664.0. During January, gold price has increased by 6.20%.

WTI spot oil price on the other hand decreased by 1.92% and reached $98.46 per barrel; during January the WTI spot oil price shed 0.37% 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 2012 EURO USD January 20

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