The forex market didn’t do much yesterday despite the news of the approval of the Greek austerity plan on Sunday. The Euro slightly declined against the USD; other major currencies on the other hand appreciated against the US dollar including Aussie dollar and Yen. Gold and silver also finished Monday’s trading with slight changes; crude oil prices sharply increased yesterday.
Here is a summary of the development of major currencies for February 13th:
Forex Market:
The Euros to US Dollar slipped by 0.08% at 1.3186; during the month, the EUROS/USD rose by 0.79%. Australian Dollar to US Dollar increased by 0.54% to 1.0732.
The U.S dollar to Canadian dollar slightly rose to 0.9997. During February the USD/CAD exchange rate fell by 0.29%.
The GBP to USD rate slightly increased by 0.08% and reach 1.5767; from the beginning of the month the GBP to USD increased by 0.05%.
Finally, the U.S Dollar depreciated against the Yen by 0.05% and reached 77.57.
Commodities Market:
Gold price slightly declined on Monday by 0.02% to $1,724.9. During the month, gold price slightly declined by 0.89%.
WTI oil price on the other hand sharply increased by 2.27% and reached $100.91 per barrel; during the month the WTI rose by 2.47%.
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 13-17 February
- Gold and Silver Prices Weekly Outlook for February 13-17
- Gold and Silver Prices Outlook for February 2012