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 27^th:

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:

For further reading:

• Weekly Outlook for February 27- March 2
• Gold and Silver Prices Weekly Outlook for February 27- March 2
• Gold and Silver Prices Outlook for March 2012