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In
November the monthly average value of the U.S. dollar (USD) appreciated two of
the three major currencies we track: Canada’s “loonie” (+1.3%) and euro (+0.1%); the USD depreciated against the yen (-0.1%). On a trade-weighted index basis,
the USD strengthened by 0.2% 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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