Euro/USD Slightly Declined on Friday–Daily Recap December 23

The Euro/USD continues to change directions with no clear trend as it slightly declined on the last day of the week before Christmas. Major commodities prices were traded with a mixed trend yesterday as gold price slightly declined, while crude oil prices slightly rose. Yesterday, some currencies depreciated against the U.S dollar such as the GB Pound while other appreciated against the U.S. dollar such as the Australian dollar. Here is a summary of the development of major exchange rates for December 23rd:

Forex Market:

The Euros to USD exchange rate slightly declined by 0.05% to reach 1.3044; during December, the EUROS/USD fell by 2.99%. The GBP to USD exchange rate also declined by 0.58% to reach 1.5588; during the month, the GBP to USD decreased by 0.74%. The US dollar to Canadian exchange rate inclined by 0.03% on Friday to 1.0206. During the month the USD/CAD exchange rate inclined by 0.32%.

The Australian Dollar to US Dollar on the other hand increased by 0.23% and reached 1.0152.

The U.S Dollar also depreciated yesterday against the Yen by 0.10% and reached 78.0875.

Commodities Market:

Gold price slightly slipped on Friday by 0.29% to $1,606.00. During December, gold price declined by 8.24%.

WTI spot oil price on the other hand moderately inclined by 0.15% and reached $99.63 per barrel; during December the WTI spot oil price shed 0.73% off 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:

Monthly Analysis and Outlook:

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