Euro/USD Bounced Back on Thursday –Daily Recap March 15

The Euro/USD bounced back from its sharp descent on Wednesday to close the Thursday’s trading in the green. Furthermore, many other exchange rates also appreciated against the U.S dollar including the Aussie dollar and GBP. Silver and gold also traded up on Thursday; crude oil price slipped yesterday.

Here is a summary of the development of major currencies for March 15th:

Forex Market:

The Euros to US Dollar rose by 0.36% to 1.3080; during the month, the EUROS/USD declined by 1.84%. Australian Dollar to US Dollar edged up by 0.69% to 1.0525.

The U.S dollar to Canadian dollar slightly fell to 0.992. During March the USD/CAD exchange rate rose by 0.36%.

The GBP to USD increased by 0.23% to 1.5712; from the beginning of the month the GBP to USD decreased by 1.26%.

Finally, the U.S Dollar/ Yen declined by 0.19% to 83.57. 

Commodities Market:

Silver price bounced back on Thursday by 1.69% to $32.73. During March, silver price decreased by 5.53%.

WTI oil price also on the other hand slipped by 0.3% and reached $105.11 per barrel; during the month the WTI slipped by 1.83%.

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 15

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