The Euro changed direction and slightly fell on Monday after it had risen for five consecutive days against the U.S Dollar. Many other currencies also depreciated against the U.S Dollar including Australian dollar and Yen. Major commodities prices such as gold and crude oil prices also fell during Monday’s trading.
Here is a summary of the development of major currencies for January 30th:
The Euros to US Dollar decreased by 0.57% to 1.3144; during January, the EUROS/USD grew by 1.41%. The Australian Dollar to US Dollar also decreased by 0.55% to 1.0599.
The U.S dollar to Canadian exchange rate slightly slipped to 1.0015. During January the USD/CAD exchange rate fell by 1.94%.
The GBP to USD rate slightly fell by 0.11% to reach 1.5711; during the month, the GBP to USD increased by 1.08%.
Finally, the U.S Dollar appreciated against the Yen by 0.45% and reached 76.3480.
Gold slightly declined on Monday by 0.06% to $1,734.4. During January, gold grew by 10.70%.
WTI oil price also fell by 0.78% and reached $98.78 per barrel; during January the WTI spot oil price added 0.74% 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 30 January – 3 February
- Gold and Silver Prices Weekly Outlook for January 30- February 3
- Gold and Silver Prices Outlook for February 2012