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In
May the monthly average value of the U.S. dollar (USD) depreciated versus Canada’s
“loonie” (-0.5%), euro (-0.3%) and yen (-0.5%). On the broad trade-weighted
index basis (goods and services), the USD weakened by 0.4% 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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