Euro/USD Sharply Rose on Thursday–Daily Recap February 23

The Euro continued to trade up and sharply rose yesterday for the second consecutive day; furthermore many other major currencies also appreciated against the U.S dollar including Aussie dollar and Canadian dollar. Gold price finished Thursday’s trading with sharp gains; crude oil price also sharply rose yesterday.

Here is a summary of the development of major currencies for February 23rd:

Forex Market:

The Euros to US Dollar sharply increased by 0.94% at 1.3373; during the month, the EUROS/USD rose by 2.22%. Australian Dollar to US Dollar also increased by 0.74% to 1.0717.

The U.S dollar to Canadian dollar slightly fell to 0.9975. During February the USD/CAD exchange rate fell by 0.51%.

The GBP to USD increased by 0.49% to 1.5745; from the beginning of the month the GBP to USD slipped by 0.09%.

Finally, the U.S Dollar/ Yen rose by 0.35% to 80.01. 

Commodities Market:

Gold price sharply rose on Thursday by 0.85% to $1,786.3. During the month, gold price increased by 2.64%.

WTI oil price also increased by 1.47% and reached $107.49 per barrel; during the month the WTI rose by 9.15%.

A Summary of Yesterday’s Exchange Rates:

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

Exchange Rate Forex 2012 EURO USD February 23

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