The Euro continued to trade down against the US dollar as it finished yesterday’s trading in the red; on the other hand, many other currencies slightly appreciated against the U.S dollar including Aussie dollar and Canadian dollar. Silver and gold prices bounced back and rose from Wednesday’s tumble; crude oil price on the other hand sharply increased yesterday.
Here is a summary of the development of major currencies for March 1st:
The Euros to US Dollar slightly decreased by 0.11% at 1.3311; during the week, the EUROS/USD fell by 1.00%. Australian Dollar to US Dollar on the other hand increased by 0.72% to 1.0809.
The U.S dollar to Canadian dollar also fell to 0.9856. During the week the USD/CAD exchange rate fell by 1.4%.
The GBP to USD edged up by 0.28% to 1.5957; from the beginning of the week the GBP to USD rose by 0.5%.
Finally, the U.S Dollar/ Yen slipped by 0.04% to 81.12.
Silver price bounced back and rose on Thursday by 2.94% to $35.66. During the week, silver price increased by 0.7%.
WTI oil price on the other hand sharply increased by 1.65% and reached $108.84 per barrel; during the week the WTI slipped by 0.6%.
A Summary of Yesterday’s Exchange Rates:
The table below includes: closing prices, daily percent change, and daily changes:
For further reading: