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In
December the monthly average value of the U.S. dollar (USD) was essentially unchanged
versus Canada’s “loonie” (0.0%), depreciated against the euro (-0.8%), and
appreciated against the yen (+0.1%). On a trade-weighted index basis, the USD weakened
by 0.3% versus 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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