Euro/USD Edged Down on Tuesday –Daily Recap March 27

The Euro/USD changed direction during yesterday’s training: after it had traded up in the past couple of business days, it ended up yesterday in the red. Furthermore, many other currencies also depreciated against the U.S dollar including the Aussie dollar and Yen. Gold and Silver also traded slightly down on Tuesday; finally, crude oil price (WTI) edged up yesterday.

Here is a summary of the development of major currencies for March 27th:

Forex Market:

The Euros to US Dollar decreased by 0.32% to 1.3316; during the month, the EUROS/USD edged down by 0.07%. Australian Dollar to US Dollar also fell by 0.69% to 1.0461.

The U.S dollar to Canadian dollar rose to 0.995. During March the USD/CAD exchange rate increased by 0.67%.

The GBP to USD slipped by 0.13% to 1.5951; from the beginning of the month the GBP to USD rose by 0.24%.

Finally, the U.S Dollar/ Yen trade up by 0.42% to 83.18.

Commodities Market:

Gold price slightly fell on Tuesday by 0.03% to $1,687.7. During March, gold price decreased by 1.38%.

WTI oil price on the other hand moderately increased by 0.28% and reached $107.33 per barrel; during the month the WTI edged up by 0.24%.

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 27

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