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In
April the monthly average value of the U.S. dollar appreciated relative to two
of the three major currencies we track: 0.1 percent against both the euro and yen;
the greenback depreciated 1.0 percent against Canada’s loonie. On a
trade-weighted index basis, the dollar weakened by 0.4 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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