Euro/USD Rose Again on Monday –Daily Recap June 4

The Euro/USD continued to rally and yesterday this currency pair rose. The disappointing U.S employment report may have helped pull down the USD.  Furthermore, the Aussie dollar and several other currencies such as the CAD also slightly appreciated against the USD. On the other hand, the safe haven exchange rate Yen depreciated against the U.S dollar. Gold and silver prices changed direction again and declined on Monday; finally, oil price (WTI) bounced back yesterday.

Here is a summary of the changes of major currencies for June 4th:

Forex Market:

The Euros to US Dollar increased again by 0.52% to 1.25; during the month, the EURO/USD rose by 1.08%. Furthermore, the Australian Dollar to US Dollar also rose by 0.29% to 0.9728.

The U.S dollar to Canadian dollar slipped by 0.17% to 1.039. During the month so far the USD/CAD exchange rate increased by 0.63%.

The GBP to USD also edged up by 0.14% to 1.5384; from the beginning of the month the GBP to USD decreased by 0.14%.

Finally, the U.S Dollar/ Yen increased by 0.44% to 78.35. 

Commodities Market:

Gold price changed direction and fell on Monday by $8.2 to $1,613. During the month, gold price increased by 3.18%.

WTI oil price rose by 0.9% and reached $83.98 per barrel; during the month so far the WTI fell by 2.95%.

A Summary of the Changes in Exchange Rates for June 4th:

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

Exchange Rate Forex 2012 EURO USD June 4

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