Tip - Why Is the U.S. Dollar Weak Against the Euro? | eHow

When the euro first came into being, it was worth about $1.17, and for some time, it traded at a value less than a dollar. By 2009, the euro reached record highs against the U.S. currency, hovering near $1.50. The drastic actions taken by the Federal Reserve and other central banks in 2008 postponed serious economic calamity resulting from the...