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In
August the monthly average value of the U.S. dollar depreciated against two of
the three major currencies we track: by 1.9 percent relative to the yen and 1.7
percent against the euro. The dollar was unchanged against Canada
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The foregoing comments represent the
general economic views and analysis of Delphi
Advisors, and are provided solely for the purpose of information, instruction
and discourse. They do not constitute a solicitation or recommendation regarding
any investment.
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