Euro/USD Edged Down on Tuesday–Daily Recap June 26

The Euro/USD continued to trade down yesterday as the Euro slightly depreciated against the USD. The disappointing US consumer confidence report may have curbed the fall of the Euro. Tomorrow the EU Summit will commence and will revolve around the EU debt crisis. This Summit might affect the Euro. Alternatively, the Aussie dollar and many other currencies such as the GB Pound appreciated against the USD. The safe haven exchange rate Yen appreciated again against the U.S dollar. Gold and silver prices declined on Tuesday; finally, oil price (WTI) rose yesterday.

Here is a summary of the changes of major currencies for June 26th:

Forex Market:

The Euros to US Dollar edged down by 0.1% to 1.2492; during the month, the EURO/USD rose by 1.02%. Further, the Australian Dollar to US Dollar increased by 0.53% to 1.0064.

The U.S dollar to Canadian dollar fell by 0.53% to 1.024. During the month so far the USD/CAD exchange rate decreased by 0.87%.

The GBP to USD rose by 0.44% to 1.5642; from the beginning of the month the GBP to USD increased by 1.53%.

Finally, the U.S Dollar/ Yen fell by 0.19% to 79.52.

Commodities Market:

Gold price declined on Tuesday by $13.5 to $1,574.9. During the month, gold price increased by 0.68%.

WTI oil price increased by 0.44% and reached $79.36 per barrel; during the month so far the WTI declined by 8.29%.

A Summary of the Changes in Exchange Rates for June 26th:

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

Exchange Rate Forex 2012 EURO USD June 26

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