Using data from the St. Louis Federal Reserve
(FRED) (http://research.stlouisfed.org/fred2/),
analyze foreign exchange rates.
a. Find the most recent value and the value from
the same month one year earlier from FRED
for the U.S./Euro Foreign Exchange Rate
(EXUSEU).
b. Using the values found above, compute the
percentage change in the euro’s value.
c. Explain whether the dollar appreciated or
depreciated against the euro.