Euro/USD Slightly Fell on Tuesday–Daily Recap February 21

The Euro changed direction and slightly declined yesterday after it had increased for the past three consecutive business days; many other major currencies also depreciated against the US dollar including Aussie dollar and GBP. Gold price finished Tuesday’s trading with sharp gains; WTI crude oil price also sharply rose yesterday.

Here is a summary of the development of major currencies for February 21st:

Forex Market:

The Euros to US Dollar slightly decreased by 0.07% at 1.3234; during the month, the EUROS/USD rose by 1.15%. Australian Dollar to US Dollar sharply decreased by 0.86% to 1.0663.

The U.S dollar to Canadian dollar slightly rose to 0.9969. During February the USD/CAD exchange rate fell by 0.57%.

The GBP to USD decreased by 0.46% to 1.5778; from the beginning of the month the GBP to USD rose by 0.12%.

Finally, the U.S Dollar/ Yen rose by 0.14% to 79.74. 

Commodities Market:

Gold price sharply rose on Monday by 1.89% to $1,758.5. During the month, gold price slightly increased by 1.04%.

WTI oil price also sharply increased by 2.52% and reached $105.84 per barrel; during the month the WTI rose by 7.47%.

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 21

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