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  1. Mar 21, 2003 ยท The euro-dollar pair has a long history, with the first trade taking place in December 1998. The pair reached parity in January 2001 and has traded in a fairly tight range since then. In recent years, the euro has been strengthening against the dollar, reaching a high of $1.60 in 2008. The euro-dollar pair is sensitive to a variety of factors ...