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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

07 Jul 2026 • 00:26 GMT

EUR/USD 1.1442

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 1.1440 – 1.1800
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

EUR/USD is trading close to 14-day highs near 1.1442, below the 3-month average of 1.1612. The pair remains supported by risk-off sentiment and US leadership uncertainty. Near-term conditions suggest the pair may face pressure and consolidate within its recent range, possibly remaining sensitive to global risk conditions.

💸 Transfer implications

  • Expats: sending money to the US may find current rates less favourable than recent levels if the pair weakens.
  • Travellers: exchanging USD may face stable or slightly less advantageous rates in the near term.
  • Businesses: paying US dollar invoices with euros could see conditions remain supportive, but risk-off sentiment keeps downside potential in play.

🧭 Key drivers

  • Rate gap: The US Federal Reserve's policy stance remains cautious, limiting yield differentials against the euro.
  • Risk/commodities: Global risk-off scenarios support safe-haven USD, pressuring EUR/USD.
  • Global factors: Ongoing US leadership uncertainty sustains risk aversion, maintaining the safe-haven bias.

⚠️ What could change it

  • Upside risk: A shift to risk appetite improvement could support EUR/USD if global markets stabilize.
  • Downside risk: Further US dollar safe-haven flows could deepen the pair’s recent weakness.

Shopping around for the lowest margin provider may help reduce overall transfer costs.

 

EURUSD Bank Forecasts to end of the year

The outlook for EUR/USD is mixed among major banks as they provide varying forecasts for the end of the year. Bank of America anticipates a stronger dollar, expecting EUR/USD to reach 1.15, influenced by the potential hawkish stance of the Federal Reserve. On the other hand, ING forecasts the pair to rise to 1.18, expecting a softer dollar due to a more dovish Fed outlook and diminishing energy sensitivities. UBS maintains a more balanced view with the pair around 1.20, seeing risks evenly distributed.

Big bank views

  • Bank of America expects EUR/USD to end 2026 at 1.15, citing a stronger dollar.
  • ING projects EUR/USD to reach 1.18 by year-end, anticipating moderate USD depreciation.
  • UBS sees EUR/USD risks balanced around 1.20 through the end of 2026.

What could change the outlook

  • A shift in the Federal Reserve's monetary policy stance could significantly impact USD strength.
  • Eurozone inflation data and ECB policy actions might affect euro movements against the dollar.
 

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.

 
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1 EUR =
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EUR to USD is at 14-day highs near 1.1442, 1.5% below its 3-month average of 1.1612, having traded in a very stable 3.9% range from 1.1359 to 1.1799
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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
23 Jun 2026
1.1380
0.5% 2 Week
08 Apr 2026
1.1659
1.9% 3 Month
07 Jul 2025
1.1737
2.5% 1 Year
08 Jul 2021
1.1846
3.4% 5 Year
09 Jul 2016
1.1053
3.5% 10 Year
12 Jul 2006
1.2705
10% 20 Year
EUR/USD historic rates & change to 07-Jul-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