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In
March the monthly average value of the U.S. dollar appreciated against all three
major currencies we track: 0.9% against Canada’s loonie, 4.9% relative to the
euro, and 1.4% against the yen. On a trade-weighted index basis, the dollar strengthened
by 1.8% 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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