What is Macro Pulse?

Macro Pulse highlights recent activity and events expected to affect the U.S. economy over the next 24 months. While the review is of the entire U.S. economy its particular focus is on developments affecting the Forest Products industry. Everyone with a stake in any level of the sector can benefit from
Macro Pulse's timely yet in-depth coverage.

Wednesday, July 1, 2015

June 2015 Currency Exchange Rates

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In June the monthly average value of the U.S. dollar appreciated against two of the three major currencies we track: 1.5% against Canada’s loonie and 2.5% against the yen. The greenback lost ground relative to the euro despite the uncertain situation in Greece. On a trade-weighted index basis, the dollar strengthened by 0.8% 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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