FX: Rates slowly slipping

Tuesday, 10th September 2013 | There was more selling of the US dollar than the amount purchased by some degree as the selling rate increased by 4 cents, which now seems like the daily rate movement but the buying rates was lower by 22 cents.

US$25.2 million was purchased at an average rate of $101.477 and selling amounted to US$29 million at an average rate of $102.316. C$1.35 million was purchased at $97.155 an increase of 76 cents and selling amounted to C$788,392 at an average rate of 98.85, up 21 cents. £1.867 million was purchased at $158.34, for an increase of 70 cents and selling amounted to £945,289 at an average rate of $161.15 up 54 cents.

Overall the equivalent of US$30.39 was purchased and US$31 47 was sold.

FX_TRADE+Currency+Sep10The highest and lowest rates saw moderate changes except for the lowest selling rate for the US dollar which rose $15.33 to end at $99.50. There were no change to the lowest buying rate which remained at $84.17 nor the highest selling rate for the US dollar which remained at $107.86 but the highest buying rate moved down by 77 cents to $103.05.

The highest buying rate for the Canadian dollar remained unchanged at $99.50 but the lowest buying rate inched up by 17 cents to $79.60. The highest selling rate was 21 cents higher than on Monday at $102.61 and the lowest was at $95.70 60 cents higher.

FX_TRADE+HighLow+Sep10The British pound was 30 cents more for buying at the highest level as it ended at $161.50 and was unchanged at $100 for the lowest buying rate. It was 80 cents more for the highest selling rate, which ended at $168.04 and 40 cents more for the lowest selling rate at $155 at the close.

Image courtesy of Marcus/FreeDigitalPhotos.net

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