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In
November the monthly average value of the U.S. dollar appreciated against the three
major currencies we track: 2.4 percent against the yen, 1.2 percent against Canada ’s
loonie, and 1.1 percent relative to the euro. On a trade-weighted index basis,
the dollar strengthened by 0.9 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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