Euro/USD Started the Week Rising–Daily Recap March 12

The Euro changed direction again and after its sharp decline on Friday it started off the week with slight gains. On the other hand, many other currencies including the Aussie dollar and Canadian declined against the U.S dollar. Silver and gold prices ended the day falling; crude oil price also declined on Monday.

Here is a summary of the development of major currencies for March 12th:

Forex Market:

The Euros to US Dollar slightly increased by 0.24% at 1.3154; during the month, the EUROS/USD fell by 1.28%. Australian Dollar to US Dollar on the other hand traded down by 0.57% to 1.0516.

The U.S dollar to Canadian dollar slightly increased to 0.9925. During March the USD/CAD exchange rate rose by 0.44%.

The GBP to USD edged down by 0.21% to 1.5641; from the beginning of the month the GBP to USD decreased by 1.71%.

Finally, the U.S Dollar/ Yen slipped by 0.29% to 82.23.

Commodities Market:

Silver price declined on Monday by 2.34% to $33.41. During March, silver price decreased by 3.55%.

WTI oil price also fell by 0.99% and reached $106.34 per barrel; during the month the WTI edged down by 0.68%.

A Summary of the Changes in Exchange Rates:

The table below includes: closing prices, daily percent change, and daily changes:

Exchange Rate Forex 2012 EURO USD March 12

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