The Euro slightly fell against the U.S. dollar on Thursday; the recent U.S. unemployment claims may have had some influence of forex traders during yesterday. Many other currencies also depreciated against the U.S Dollar including Canadian dollar and GBP. Silver and gold prices continued their rally while energy commodities such as WTI oil declined during Thursday’s trading.
Here is a summary of the development of major currencies for February 2nd:
The Euros to US Dollar declined by 0.12% to 1.3144; during the week, the EUROS/USD fell by 0.60%. On the other hand, the Australian Dollar to US Dollar increased by 0.07% to 1.0712.
The U.S dollar to Canadian dollar slightly rose to 0.9993. During the week the USD/CAD exchange rate fell by 0.2%.
The GBP to USD rate slightly fell by 0.18% to reach 1.5806; from the beginning of the week the GBP to USD increased by 0.5%.
Finally, the U.S Dollar slightly appreciated against the Yen by 0.03% and reached 76.22.
Gold increased again on Thursday by 0.56% to $1,759.3. During the week, gold price grew by 1.4%.
WTI oil price decreased by 1.28% and reached $96.36 per barrel; during the week the WTI fell by 3.2%.
A Summary of Yesterday’s Exchange Rates:
The table below includes: closing prices, daily percent change, and daily changes:
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