Euro/USD Edged Up Again on Wednesday –Daily Recap April 25

The Euro/USD edged up on the second consecutive day; the recent FOMC meeting didn’t seem to affect the forex market. Many other currencies including the GBP and Aussie dollar also appreciated against the USD. The safe haven currency CHF slightly appreciated against the US dollar while the Yen edged down again. Gold and silver prices declined on Wednesday; finally, crude oil price (WTI) slightly increased.

Here is a summary of the development of major currencies for April 25th:

Forex Market:

The Euros to US Dollar edged up by 0.09% to 1.3217; during the month, the EUROS/USD decreased by 1.0%. Australian Dollar to US Dollar also rose by 0.37% to 1.353.

The U.S dollar to Canadian dollar declined to 0.983. During April the USD/CAD exchange rate decreased by 1.51%.

The GBP to USD edged up by 0.12% to 1.6163; from the beginning of the month the GBP to USD increased by 1.11%.

Finally, the U.S Dollar/ Yen traded up by 0.02% to 81.34. 

Commodities Market:

Gold price slipped on Wednesday by 0.09% to $1,642.3. During April, gold price decreased by 1.77%.

WTI oil price rose by 0.52% and reached $103.7 per barrel; during the month the WTI edged up by 0.66%.

A Summary of the Changes in Exchange Rates for April 25th:

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

Exchange Rate Forex 2012 EURO USD April 25

 

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