Ladies and Gentlemen,
As the year comes to a close here, I would like to
reflect on the performance of all the major currencies.
This is a good opportunity to look at the best and worst
performers of 2015 against the USD.
|
Returns ag $
|
2015
|
|
Brazilian Real
|
-31.22%
|
|
South African Rand
|
-24.95%
|
|
Canadian Dollar
|
-16.21%
|
|
Norwegian Krone
|
-14.86%
|
|
Mexican Peso
|
-14.70%
|
|
New Zealand Dollar
|
-12.01%
|
|
Australian Dollar
|
-10.91%
|
|
Euro
|
-9.64%
|
|
British Pound
|
-4.89%
|
|
Japanese Yen
|
-0.57%
|
|
Swiss Franc
|
0.30%
|
The worst performer has been the Brazilian Real, will this
change as Rio hosts the Olympics in 2016?
The best performer has been CHF, is this desired by the SNB?
There is a lot to think about and I would like to take this
opportunity to thank you for your business and wish you a healthy, happy and
prosperous 2016.
Kind regards
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