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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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Friday, August 3, 2012

July 2012 Currency Exchange Rates

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The U.S. dollar lost ground in July on a monthly average basis against two of the three currencies we track: 1.2 percent relative to Canada’s loonie and 0.4 percent against the yen; however, the dollar appreciated by 2.1 percent against the euro. On a trade-weighted index basis, the dollar strengthened by 0.4 percent against a basket of 26 currencies.
 
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