Euro/USD Continued to Rise on Monday –Daily Recap March 19

The Euro/USD continued to rise on Monday and thus completed a three business day rally after it had sharply declined on Wednesday March 14th. Furthermore, many other currencies also appreciated against the U.S dollar including the GBP and Canadian dollar. Silver and gold prices also traded up on Monday; finally, crude oil price (WTI) rose on the first day of the week.

Here is a summary of the development of major currencies for March 19th:

Forex Market:

The Euros to US Dollar increased by 0.47% to 1.3238; during the month, the EUROS/USD declined by 0.65%. Australian Dollar to US Dollar also rose by 0.16% to 1.0609.

The U.S dollar to Canadian dollar declined to 0.987. During March the USD/CAD exchange rate slipped by 0.12%.

The GBP to USD increased by 0.3% to 1.5894; from the beginning of the month the GBP to USD decreased by 0.12%.

Finally, the U.S Dollar/ Yen declined by 0.11% to 83.35. 

Commodities Market:

Gold price edged up on Monday by 0.69% to $1,667.3. During March, gold price decreased by 2.57%.

WTI oil price also rose by 0.96% and reached $108.09 per barrel; during the month the WTI slightly increased by 0.95%.

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 19

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