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In
September the monthly average value of the U.S. dollar (USD) depreciated versus
Canada’s “loonie” (-0.2%), but appreciated against the euro (+1.1%) and yen (+1.3%).
On a trade-weighted index basis, the USD gained 0.3% 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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