USD Moderately Fell Against the EUR –Daily Recap November 8

The Forex exchange rate market continues to be anemic with no sharp turns despite the news from Greece and Italy; the Euro/USD exchanged rate changed direction and slightly inclined yesterday; the US dollar also depreciated against the CAD and AUD. Here is a summary of the price movements of major exchange rates for November 8th:

Forex Market:

The Euros to USD exchange rate moderately rose by 0.42% to reach 1.3834; during November, the EUROS/USD declined by 0.2%; the US dollar to Canadian exchange rate fell by 0.38% on Tuesday to 1.0088. During November the USD/CAD exchange rate inclined by 0.8%. The US Dollar also depreciated against the CHF by 0.63% yesterday and reached 0.895.

Australian Dollar to US Dollar moderately rose by 0.13% yesterday and reached 1.039.

The USD to YEN exchange rate also fell by 0.41% to reach 77.727; during November, the USD to YEN declined by 0.6%.

Commodities Market:

Gold price moderately inclined yesterday by 0.45% to $1,799.20. During November, gold price inclined by 4.3%.

WTI spot oil price also increased by 1.34% and reached $96.80 per barrel; during November the WTI spot oil price added 3.9% to its value.

A Summary of Yesterday’s Exchange Rate Forex Changes:

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

Exchange Rate Forex euro to us dollar conversion 2011 EURO USD November 8

For further reading:

Monthly Analysis and Outlook:

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