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Macro Pulse highlights recent activity and events expected to affect the U.S. economy over the next 24 months. While the review is of the entire U.S. economy its particular focus is on developments affecting the Forest Products industry. Everyone with a stake in any level of the sector can benefit from
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Monday, September 5, 2011

August 2011 Currency Exchange Rates

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The U.S. dollar gained ground against Canada’s “loonie” (2.8 percent) but depreciated against the euro (0.4 percent) and the yen (2.9 percent). On a trade-weighted index basis, the dollar gained 0.6 percent against a basket of 26 currencies. The dollar is now at its weakest since January 2000 relative to the yen.
 
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