Euro and Aussie Dollar Rose Yesterday –Recap February 20

The EU ministers of finance approved the second package of the Greek bailout of €130 billion. This news may have helped rally the Euro and other currencies against the USD during the first day of the week. Due to President’s Day holiday, the U.S. financial markets were closed so there weren’t updates for commodities prices just for forex that were traded in Europe and Asia.   

Here is a summary of the developments of major exchange rates for February 20^th, 2012:

The Euro/USD rose by 0.78% to 1.3243; the U.S Dollar also depreciated against many exchange rates including the Aussie dollar and Canadian dollar.

A Summary of Changes for February 20^th:

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

 

For further reading:

• Gold & Silver Prices – Daily Outlook February 20
• Weekly Outlook for 20-24 February
• Gold and Silver Prices Weekly Outlook for February 20-24