Go to www.stlouisfed.org/fred2/ and under Categories select "Exchange Rates."
Select "monthly rates" and graph the euro, the yen, and the Canadian dollar against the U.S. dollar for the years 2001-2010. Answer the following questions on the basis of your graphs.
a. In what year did the euro reach its highest value?
b. During the financial crisis of 2007-2009, did the euro appreciate or depreciate against the dollar?