AUD/USD Edged Down on Wednesday –Daily Recap March 28

The Euro/USD didn’t do much yesterday and remained virtually flat. There weren’t big headlines that came out yesterday. The U.S durable goods report came out and may have affect market sentiment and thus also commodities prices. During yesterday trading many currencies depreciated against the U.S dollar including the Aussie dollar and GBP. Gold and Silver also traded sharply down on Wednesday; finally, crude oil price (WTI) also sharply fell yesterday.

Here is a summary of the development of major currencies for March 28th:

Forex Market:

The Euros to US Dollar remained virtually unchanged at 1.3317; during the month, the EUROS/USD edged down by 0.06%. Australian Dollar to US Dollar fell again by 0.69% to 1.0389.

The U.S dollar to Canadian dollar rose to 0.998. During March the USD/CAD exchange rate increased by 1.02%.

The GBP to USD slipped by 0.39% to 1.5888; from the beginning of the month the GBP to USD edged down by 0.16%.

Finally, the U.S Dollar/ Yen trade down by 0.34% to 82.90. Commodities Market:

Gold price sharply fell on Wednesday by 1.61% to $1,660.5. During March, gold price decreased by 2.97%.

WTI oil price also decreased by 1.79% and reached $105.41 per barrel; during the month the WTI fell by 1.55%.

A Summary of the Changes in Exchange Rates:

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

Exchange Rate Forex 2012 EURO USD March 28

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