Euro/USD Slightly Rose on Thursday–Daily Recap December 22

The Euro/USD continues to zigzag and slightly rose yesterday, as the U.S. initial unemployment claims sharply declined. Major precious metals prices slightly declined again. Most other currencies appreciated against the U.S dollar yesterday such as the GB Pound and Australian dollar. Here is a summary of the development of major exchange rates for December 22nd:

Forex Market:

The Euros to USD exchange rate slightly inclined by 0.03% to reach 1.3051; during December, the EUROS/USD fell by 2.94%. The Australian Dollar to US Dollar also increased by 0.25% and reached 1.0129. The GBP to USD exchange rate also rose by 0.02% to reach 1.5678; during the month, the GBP to USD slightly decreased by 0.16%.

The US dollar to Canadian exchange rate declined by 0.61% on Thursday to 1.0203. During the month the USD/CAD exchange rate inclined by 0.29%. On the other hand, the U.S Dollar appreciated yesterday against the Yen by 0.14% and reached 78.1682.

Commodities Market:

Gold price slipped on Thursday by 0.19% to $1,610.60. During December, gold price declined by 7.98%.

WTI spot oil price on the other hand rose by 0.97% and reached $99.48 per barrel; during December the WTI spot oil price shed 0.88% 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 22

For further reading:

Monthly Analysis and Outlook:

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