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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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Tuesday, October 2, 2012

September 2012 Currency Exchange Rates

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The U.S. dollar lost ground in September on a monthly average basis against all three currencies we track: 1.4 percent relative to Canada’s loonie, 3.7 percent against the euro and 0.7 percent against the yen. On a trade-weighted index basis, the dollar weakened by 1.6 percent against a basket of 26 currencies.
 
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