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    Currency outlook EUR/USD

    EUR to USD Forecast & Outlook

    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

    13 Aug 2026 • 00:25 GMT

    EUR/USD 1.1524

    Forecast snapshot

    Quick EUR/USD forecast

    Near-term bias🔴 Mild downside
    Expected range1.1160 – 1.1520
    Dominant driver🌍 Global risk sentiment
    3-month trend⚪ Range-bound

    Currently, EUR/USD is trading near 7-day lows around 1.1524, just above its 3-month average. The pair remains supported by risk-off sentiment but faces downward pressure due to the dominant risk sentiment environment. Near-term conditions suggest a weaker bias, with the pair consolidating within its recent range. The pair may continue to find support around current levels if risk-off conditions persist.

    💸 Transfer implications

    • Expats: sending money to the US may see less favourable conversion rates if EUR/USD weakens further.
    • Travellers: exchanging euros for US dollars could face challenges securing rates near recent lows.
    • Businesses: paying overseas invoices in USD might encounter higher costs if the pair extends its decline.

    🧭 Key drivers

    • Rate gap: The US yield advantage supports US Dollar, reinforcing risk-off flows.
    • Risk/commodities: Elevated risk aversion and safe-haven demand for USD keep pressure on EUR.
    • Global factors: Persistent risk-off sentiment driven by global market and geopolitical tensions.

    ⚠️ What could change it

    • Upside risk: A shift to risk-on sentiment could lift EUR/USD from current levels.
    • Downside risk: Unexpected US dollar strength, perhaps from a broader risk-off move or US data surprises, could deepen declines.

    BER suggests comparing FX providers to help offset less favourable exchange conditions and possibly reduce 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.

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    Rate direction

    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 =
    1.1516We compare provider deals to this wholesale mid-market rate. Read more
    USD
    1D−0.1%
    EUR to USD is at 7-day lows near 1.1524, just above its 3-month average, having traded in a very stable 2.7% range from 1.1359 to 1.1669
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    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
    30 Jul 2026
    1.1523
    no change2 Week
    15 May 2026
    1.1623
    0.9% 3 Month
    13 Aug 2025
    1.1712
    1.6% 1 Year
    14 Aug 2021
    1.1796
    2.3% 5 Year
    15 Aug 2016
    1.1183
    3% 10 Year
    18 Aug 2006
    1.2816
    10.1% 20 Year
    EUR/USD historic rates & change to 13-Aug-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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