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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

03 Jul 2026 • 00:26 GMT

EUR/USD 1.1423

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 1.1160 – 1.1420
  • Dominant driver: 🏦 Central bank policy divergence
  • 3-month trend: 🔴 Downtrend

Currently, EUR/USD is trading near the 90-day average and close to recent lows. The pair is under pressure, influenced by risk-off sentiment and safe-haven flows favoring the US dollar. Near-term conditions suggest further downside potential if risk conditions persist or intensify, keeping the euro supported less than in recent weeks.

💸 Transfer implications

  • Expats: sending money to the US dollar may find the euro less favourable than recent levels.
  • Travellers: exchanging euros for USD could face less advantageous rates if the pair weakens further.
  • Businesses: paying US dollar invoices in euros may experience higher costs if EUR/USD continues to decline.

🧭 Key drivers

  • Rate gap: The US Federal Reserve maintains higher interest rates than the ECB, widening the yield differential.
  • Risk/commodities: The risk-off environment favors the US dollar, pressuring risk-sensitive currencies.
  • Global factors: US economic strength remains supportive of the dollar, bolstered by robust indicators.

⚠️ What could change it

  • Upside risk: A shift to risk-on sentiment or easing of geopolitical tensions could bolster the euro.
  • Downside risk: A sharper deterioration in global risk appetite or aggressive Fed policy tightening may deepen the euro's decline.

BER suggestions: comparing FX providers may help offset less favourable exchange conditions, and shopping around for providers with lower margins can reduce total 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.

 
Sell EUR   →   Buy USD
1 EUR =
1.1431We compare provider deals to this wholesale mid-market rate. Read more
USD
1d+0.4%▲
EUR to USD at 1.1423 is 1.7% below its 3-month average of 1.1616, having traded in a very stable 3.9% range from 1.1359 to 1.1799
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  1 USD = 0.8748 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
18 Jun 2026
1.1458
0.7% ▼2 Week
03 Apr 2026
1.1522
1.2% ▼3 Month
02 Jul 2025
1.1799
3.6% ▼1 Year
03 Jul 2021
1.1865
4.1% ▼5 Year
04 Jul 2016
1.1150
2.1% ▲10 Year
07 Jul 2006
1.2812
11.2% ▼20 Year
EUR/USD historic rates & change to 02-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.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

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