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EUR to USD Forecasts – euro to US dollar

Latest EUR to USD forecasts including bank predictions, key market drivers and recent trends for EUR/USD. See where analysts expect the pair to move and the factors likely to influence it.

 

EUR to USD Forecast & Outlook

29 Jun 2026 • 00:25 GMT

EUR/USD 1.1385

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 1.1390 – 1.1620
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🟢 Uptrend

Currently, EUR/USD is trading close to 1.1385, about 2% below its 3-month average and within a narrow range. The pair is supported by risk-off sentiment, which favors the US dollar. Over the next few sessions, the euro may face downward pressure if risk appetite remains subdued and global risk-off conditions persist.

💸 Transfer implications

  • Expats: sending money to the US dollar may find current levels slightly less favourable than recent levels if the pair weakens further.
  • Travellers: exchanging euros for USD might encounter increased costs if the pair continues to decline.
  • Businesses: paying USD invoices with euros could see costs inch higher if the euro weakens further.

🧭 Key drivers

  • Rate gap: US yields remain higher than eurozone yields, supporting the USD.
  • Risk/commodities: Market sentiment is risk-sensitive, pressuring the euro and favoring safe-haven currencies.
  • Global factors: Strong US economic indicators underpin the dollar amid ongoing geopolitical tensions.

⚠️ What could change it

  • Upside risk: A sudden easing of risk-off conditions could allow the euro to recover.
  • Downside risk: Unexpected US economic data or hawkish signals from the Federal Reserve may drive the USD higher.

BER suggests comparing FX providers to find lower margins and help offset less favourable exchange conditions.

 

USDEUR Bank Forecasts to end of the year

By the end of the year, major bank forecasts suggest a generally weakening US dollar against the euro, with J.P. Morgan Global Research expecting the EUR/USD to reach 1.20. This view is shaped by anticipated U.S. economic growth moderation and supportive fiscal policies in Germany. Despite mixed geopolitical and economic signals, such as ongoing inflation pressures and geopolitical tensions, the overall outlook leans towards a softer dollar and a stronger euro.

Big bank views

  • J.P. Morgan Global Research forecasts EUR/USD at 1.20 by December 2026.
  • No other institutions explicitly provided end-of-year forecasts in the supplied context.
  • J.P. Morgan Asset Management also anticipates medium-term USD weakening, although without explicit targets.

What could change the outlook

  • Unexpected shifts in U.S. Federal Reserve policy or economic data that strengthen the dollar.
  • Major geopolitical events disrupting current energy market dynamics or eurozone economic conditions.
 

EUR-USD Rate Calculator

 
 
   
   
   
   
   
 
 

EUR to USD Market Data

Euro (EUR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell EUR   →   Buy USD
1 EUR =
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1d0.0%⬦
EUR to USD at 1.1385 is 2.0% below its 3-month average of 1.162, having traded in a very stable 3.9% range from 1.1359 to 1.1799
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  1 USD = 0.8753 EUR

Compare & Save - euro to US dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare euro (EUR) to US dollar (USD) rates from different sources before making a conversion.

Use our EUR to USD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Euro to Dollar currency rates and the possible savings of using various providers.

 
 

Will the Euro rise against the US dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the euro vs US dollar current value is to look the EUR/USD historic rate and change over a range of periods.

The following table looks at the change in the EUR to USD exchange rate over periods from the previous week back to the last 10 years.

DateEUR/USDChangePeriod
15 Jun 2026
1.1591
1.7% ▼2 Week
31 Mar 2026
1.1574
1.6% ▼3 Month
29 Jun 2025
1.1727
2.9% ▼1 Year
30 Jun 2021
1.1859
4% ▼5 Year
01 Jul 2016
1.1138
2.3% ▲10 Year
04 Jul 2006
1.2795
11% ▼20 Year
EUR/USD historic rates & change to 29-Jun-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/USD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

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Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more