The Euro continued to trade up for the fourth consecutive day against the USD. Many other currencies also rose against the USD including Canadian dollar and Yen. Major commodities prices such as crude oil prices and gold price also increased during Thursday’s trading.
Here is a summary of the development of major currencies for January 26th:
The Euros to US Dollar slightly increased by 0.02% to 1.3108; during January, the EUROS/USD gained 1.13%. The Australian Dollar to US Dollar also rose by 0.32% and reached 1.0632.
The U.S dollar to Canadian exchange rate slipped by 0.25% on Thursday to 1.0018. During January the USD/CAD exchange rate declined by 1.91%.
The GBP to USD rate slightly rose by 0.20% to reach 1.5690; during the month, the GBP to USD increased by 0.95%.
Furthermore, the U.S Dollar depreciated against the Yen by 0.43% and reached 77.4485.
Gold price increased on Thursday by 1.58% to $1,729.9. During January, gold has gained 10.41% to its value.
WTI oil price also rose by 0.58% and reached $99.70 per barrel; during January the WTI spot oil price added 0.88% to 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:
For further reading:
- Weekly Outlook for 23-27 January
- Gold and Silver Prices Weekly Outlook for January 23-27
- Gold and Silver Prices Outlook for January 2012