Euro/USD Slipped on Wednesday –Daily Recap April 18

The Euro/USD continues to dwindle as it ended up yesterday’s trading slightly falling; several other currencies including the Aussie dollar and Canadian appreciated against the USD. On the other hand the safe haven currencies such as the Yen and CHF depreciated vs the US dollar. Gold and Silver traded down on Wednesday; finally, crude oil price (WTI) changed direction and fell.

Here is a summary of the development of major currencies for April 18th:

Forex Market:

The Euros to US Dollar slipped by 0.14% to 1.3123; during the month, the EUROS/USD decreased by 1.66%. Australian Dollar to US Dollar on the other hand edged up by 0.03% to 1.0359.

The U.S dollar to Canadian dollar slipped to 0.991. During April the USD/CAD exchange rate decreased by 0.73%.

The GBP to USD rose by 0.77% to 1.6022; from the beginning of the month the GBP to USD increased by 0.23%.

Finally, the U.S Dollar/ Yen trade sharply up by 1.06% to 81.26. 

Commodities Market:

Gold traded down on Wednesday by 0.7% to $1,639.6. During April, gold price decreased by 1.93%.

WTI oil price also fell by 1.47% and reached $102.67 per barrel; during the month the WTI decreased by 0.34%.

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 April 18

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