What is Macro Pulse?

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
Macro Pulse's timely yet in-depth coverage.


Monday, November 4, 2013

October 2013 Currency Exchange Rates

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In October the monthly average value of the U.S. dollar depreciated against two of the three major currencies we track: 2.1 percent against the euro and 1.5 percent relative to the yen. However, the dollar appreciated by 0.6 percent against Canada’s loonie. On a trade-weighted index basis, the dollar weakened by 1.0 percent against a basket of 26 currencies. 
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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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