Euro and AUD Rallied on Friday–Daily Recap December 9

The Euro/USD bounced back from its fall recorded on Thursday following ECB’s rate cut to 1%.  Yesterday, Euro to US dollar slightly inclined and partly recovered from the falls of Thursday. Most other currencies also appreciated yesterday against the US dollar such as the Australian dollar and Canadian dollar. Here is a summary of the development of major exchange rates for December 9th:

Forex Market:

The Euros to USD exchange rate slightly inclined by 0.34% to reach 1.3386; during December, the EUROS/USD fell by 0.45%. The Australian Dollar to US Dollar also inclined by 0.49% yesterday and reached 1.0217. The US dollar to Canadian exchange rate fell by 0.62% on Friday to 1.0169. During the month the USD/CAD exchange rate declined by 0.04%. The GBP to USD exchange rate also inclined by 0.26% to reach 1.5671; during the month, the GBP to USD fell by 0.21%.

On the other hand, the US Dollar appreciated yesterday against the Yen by 0.01% and reached 77.6463.

Commodities Market:

Gold price bounced back and rose on Friday by 0.20% to $1,716.80. During December, gold price slightly declined by 1.91%.

WTI spot oil price also increased by 1.09% and reached $99.41 per barrel; during December the WTI spot oil price shed 0.95% 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:

Exchange Rate Forex euro to us dollar conversion 2011 EURO USD December 9

For further reading:

Leave a Reply

Your email address will not be published. Required fields are marked *