Euro/USD Slightly Declined on Wednesday –Daily Recap March 21

The Euro/USD continues to dwindle with little changes; yesterday the Euro slightly declined against the US dollar; the Aussie dollar also fell yesterday. Furthermore, many other currencies also depreciated against the U.S dollar including the CHF and Canadian dollar. Silver and gold prices also traded slightly up on Wednesday; finally, crude oil price (WTI) also rose yesterday.

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

Forex Market:

The Euros to US Dollar slightly fell by 0.07% to 1.3216; during the month, the EUROS/USD declined by 0.82%. Australian Dollar to US Dollar also fell by 0.21% to 1.0459.

The U.S dollar to Canadian dollar rose to 0.9923. During March the USD/CAD exchange rate edged up by 0.41%.

The GBP to USD increased by 0.06% to 1.5873; from the beginning of the month the GBP to USD decreased by 0.25%.

Finally, the U.S Dollar/ Yen fell by 0.33% to 83.42. 

Commodities Market:

Gold price slightly rose on Wednesday by 0.2% to $1,650.3. During March, gold price decreased by 3.56%.

WTI oil price also rose by 1.18% and reached $106.86 per barrel; during the month the WTI slightly decreased by 0.2%.

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 22

For further reading:

Weekly Outlook for March 19-23

Gold and Silver Prices Weekly Outlook for March 19-23

Gold and Silver Prices Outlook for March 2012

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