Euro/USD Continued to Trade Up –Daily Recap January 24

The Euro/USD continued to trade up and slightly increased during Tuesday’s trading. On the other hand many other currencies changed direction and depreciated against the USD including Australian dollar and Canadian dollar. Major commodities prices such as crude oil and gold price also slipped during yesterday trading.

Here is a summary of the development of major currencies for January 24th:

Forex Market:

The Euros to US Dollar slightly rose by 0.17% to 1.3036; during January, the EUROS/USD gained 0.58%. The Australian Dollar to US Dollar on the other hand slipped by 0.30% and reached 1.049.

The U.S dollar to Canadian exchange rate moderately rose by 0.03% on Tuesday to 1.0089. During January the USD/CAD exchange rate fell by 1.21%.

The GBP to USD rate slightly rose by 0.38% to reach 1.5626, and during the month, the GBP to USD increased by 0.53%.

The U.S Dollar appreciated against the Yen by 0.84% and reached 77.6675. 

Commodities Market:

Gold price decreased on Tuesday by 0.82% to $1,664.5. During January, gold has gained 6.24% to its value.

WTI oil price also slipped by 0.67% and reached $98.75 per barrel; during January the WTI spot oil price shed 0.08% off its value.

A Summary of Yesterday’s Exchange Rate Changes:

The table below includes: closing prices, daily percent change, and change in prices and indexes:

Exchange Rate Forex euro to us dollar rate 2012 EURO USD January 24

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