The forex market continued to change direction as the Greek austerity plan will come to vote on Sunday. The speculation around the future of Greece raises the uncertainty in the forex markets. The Euro slightly fell against the USD; other major currencies also depreciated against the US dollar including Aussie dollar. Gold and silver changed direction again and fell; crude oil prices also decreased during Friday’s trading.
Here is a summary of the development of major currencies for February 10th:
The Euros to US Dollar fell by 0.66% at 1.3197; during the month, the EUROS/USD rose by 0.87%. Australian Dollar to US Dollar also decreased by 1.03% to 1.0674.
The U.S dollar to Canadian dollar slightly rose to 1.0014. During February the USD/CAD exchange rate fell by 0.12%.
The GBP to USD rate slightly fell by 0.40% and reach 1.5755; from the beginning of the month the GBP to USD decreased by 0.03%.
Finally, the U.S Dollar depreciated against the Yen by 0.07% and reached 77.6120.
Gold price fell on Friday by 0.91% to $1,725.3. During the month, gold price slightly declined by 0.87%.
WTI oil price also decreased by 1.17% and reached $98.67 per barrel; during the month the WTI rose by 0.19%.
A Summary of Yesterday’s Exchange Rates:
The table below includes: closing prices, daily percent change, and daily changes:
For further reading:
- Gold & Silver Prices | Weekly Recap 6-10 February
- Weekly Outlook for February 13-17
- Gold and Silver Prices Outlook for February 2012