Euro/USD Started Off the Week Rising –Daily Recap April 16

The Euro/USD slightly rose yesterday despite the ongoing concerns regarding Spain’s upcoming bond auction. During yesterday trading several currencies appreciated against the U.S dollar including the Yen and GBP, while several others declined against the USD such as Aussie dollar. Gold and Silver traded slightly down on Monday; finally, crude oil price (WTI) edged up.

Here is a summary of the development of major currencies for April 16th:

Forex Market:

The Euros to US Dollar declined by 0.49% to 1.3142; during the month, the EUROS/USD decreased by 1.51%. Australian Dollar to US Dollar declined again by 0.14% to 1.0356.

The U.S dollar to Canadian dollar slipped to 0.999. During April the USD/CAD exchange rate increased by 0.09%.

The GBP to USD rose by 0.33% to 1.59; from the beginning of the month the GBP to USD edged down by 0.53%.

Finally, the U.S Dollar/ Yen trade down by 0.64% to 80.41. 

Commodities Market:

Gold price slipped on Monday by 0.63% to $1,649.7. During April, gold price decreased by 1.33%.

WTI oil price edged up by 0.1% and reached $102.93 per barrel; during the month the WTI fell by 0.09%.

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 16

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