EUR to USD Forecast & Outlook
13 Jul 2026 • 00:25 GMT
📊 Forecast snapshot
- Near-term bias: 🔴 Mild downside
- Expected range: 1.1160 – 1.1400
- Dominant driver: 🌍 Global risk sentiment
- 3-month trend: 🟠 Range-bound, downside bias
Currently, EUR/USD is trading near seven-day lows at around 1.1402, holding below its 3-month average of 1.1594. Weakening risk sentiment, supported by geopolitical tensions and US economic concerns, is pressuring the euro. Over the next few sessions, the pair may remain supported by safe-haven flows but could face further declines if risk-off conditions persist, keeping the bias toward euro weakness.
💸 Transfer implications
- Expats: sending money to the US may find current levels less favourable if the pair continues to decline.
- Travellers: buying US Dollars in cash or on cards might face higher costs compared to recent levels.
- Businesses: paying US Dollar invoices from euros could encounter less advantageous exchange rates.
🧭 Key drivers
- Rate gap: The US Federal Reserve's stance remains relatively hawkish, maintaining US higher yields than eurozone counterparts.
- Risk/commodities: Risk-off sentiment driven by geopolitical tensions supports safe-haven currencies like the US Dollar.
- Global factors: Ongoing geopolitical tensions and US economic data concerns continue to boost USD demand.
⚠️ What could change it
- Upside risk: A shift towards risk-on conditions or easing geopolitical pressures could support the euro.
- Downside risk: A sudden escalation in geo-political tensions or negative US economic data might deepen dollar strength.
BER suggests shopping around for the lowest margin provider to help offset less favourable exchange conditions and reduce total transfer costs.