Question
Visit the Web site of a financial institution or business periodical that publishes exchange rates among the worlds currencies. Compare the performance of the US
Visit the Web site of a financial institution or business periodical that publishes exchange rates among the worlds currencies. Compare the performance of the US dollar against the European Union euro from April 2011 and today. Since April 2011, has the dollar fallen or risen in value against the euro? What percentage change has occurred in the value of the dollar against the Euro?
Researching on the Web, what reasons lie behind the exchange rate movements between the dollar and euro? Are they due more to changes in value of the dollar, or of the euro? Explain your answer.
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