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In
February the monthly average value of the U.S. dollar appreciated against all three
major currencies we track: 1.1% against Canada’s loonie and 2.3% relative to
the euro, and 0.4% against the yen. On a trade-weighted index basis, the dollar
strengthened by 1.4% 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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