International Trade: Net Trade: Value (Goods): Total for the Euro Area (19 Countries)
US Dollars, monthly level, Quarterly, Not Seasonally Adjusted
EA19XTNTVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6,054,207,145.77
Year-over-Year Change
-110.68%
Date Range
1/1/1990 - 1/1/2023
Summary
This series measures the monthly level of the US dollar exchange rate against the Euro, reported quarterly and not seasonally adjusted. It provides insight into the relative strength of the US currency in international trade and finance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The US Dollar/Euro exchange rate is a key indicator of the international value of the US dollar. Economists and policymakers monitor this trend to understand the competitiveness of US exports, the purchasing power of the dollar, and broader macroeconomic conditions.
Methodology
The data is collected by the US Federal Reserve through foreign exchange market observations.
Historical Context
The exchange rate trend is used to inform monetary, trade, and investment policy decisions.
Key Facts
- The US dollar has strengthened over 20% against the Euro since 2014.
- A stronger dollar makes US exports more expensive for foreign buyers.
- The exchange rate trend impacts the cost of imports and international travel.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly level of the US dollar exchange rate against the Euro, reported quarterly and not seasonally adjusted.
Q: Why is this trend relevant for users or analysts?
A: The US Dollar/Euro exchange rate is a key indicator of the international value of the US dollar, which is important for understanding trade competitiveness, purchasing power, and broader macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected by the US Federal Reserve through foreign exchange market observations.
Q: How is this trend used in economic policy?
A: The exchange rate trend is used to inform monetary, trade, and investment policy decisions by economists and policymakers.
Q: Are there update delays or limitations?
A: The data is reported quarterly with no known update delays or limitations.
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Citation
U.S. Federal Reserve, US Dollars, monthly level, Quarterly, Not Seasonally Adjusted (EA19XTNTVA01CXMLQ), retrieved from FRED.