The Euro/USD didn’t do much yesterday and only slightly rose; many other currencies including the CAD and GBP also appreciated against the USD. On the other hand the risk currencies slightly depreciated vs the US dollar. Gold traded slightly down on Tuesday; finally, crude oil price (WTI) rose again.
Here is a summary of the development of major currencies for April 17th:
Forex Market:
The Euros to US Dollar rose to 1.3142; during the month, the EUROS/USD decreased by 1.51%. Australian Dollar to US Dollar on the other hand edged down 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 1.5900; 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 edged down on Tuesday by 0.55% to $1,651.1. During April, gold price decreased by 1.24%.
WTI oil price rose by 1.33% and reached $104.2 per barrel; during the month the WTI increased by 1.15%.
A Summary of the Changes in Exchange Rates:
The table below includes: closing prices, daily percent change, and daily changes:
For further reading:
- Gold and Silver Prices Outlook for April 2012
- Weekly Outlook for 16-20 April 2012
- Gold and Silver Prices Weekly Outlook for April 16-20