Euro/USD Slipped on Monday–Daily Recap February 27

The Euro started off the week with little movement and after it had increased for three consecutive days, it ended yesterday’s trading in the red; on the other hand some other major currencies slightly appreciated against the U.S dollar including Aussie dollar and CAD. Gold price finished Monday’s trading falling; crude oil price also fell yesterday.

Here is a summary of the development of major currencies for February 27th:

Forex Market:

The Euros to US Dollar decreased by 0.39% at 1.3397; during the month, the EUROS/USD rose by 2.4%. Australian Dollar to US Dollar increased by 0.57% to 1.0754.

The U.S dollar to Canadian dollar slightly fell to 0.999. During February the USD/CAD exchange rate fell by 0.36%.

The GBP to USD decreased by 0.34% to 1.5824; from the beginning of the month the GBP to USD rose by 0.41%.

Finally, the U.S Dollar/ Yen sharply fell by 0.73% to 80.60. 

Commodities Market:

Gold price slightly declined on Monday by 0.08% to $1,774.9. During the month, gold price increased by 2.40%.

WTI oil price also decreased by 0.85% and reached $108.56 per barrel; during the month the WTI rose by 10.24%.

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 27

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