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In
December the monthly average value of the U.S. dollar once again appreciated against
all three major currencies we track: 1.8% against Canada’s loonie, 1.2%
relative to the euro, and 2.6% against the yen. On a trade-weighted index
basis, the dollar strengthened by 2.4% 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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