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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

    14 Aug 2026 • 00:25 GMT

    EUR/USD 1.1534

    Forecast snapshot

    Quick EUR/USD forecast

    Near-term bias🔴 Mild downside
    Expected range1.1460 – 1.1660
    Dominant driver🌍 Global risk sentiment
    3-month trend⚪ Range-bound

    Currently, EUR/USD is trading near the 90-day average and close to recent highs, supported by risk-off sentiment. The pair's range remains narrow, with limited upward momentum. Over the next few sessions, a weaker bias may persist due to ongoing safe-haven flows amid geopolitical tensions and energy price pressures, which are supporting the US dollar. Short-term conditions suggest that the pair could face pressure if risk appetite improves or if global risk conditions ease.

    💸 Transfer implications

    • Expats: sending money to the US may find current levels slightly less favourable than recent levels if the pair declines further.
    • Travellers: buying US Dollars may encounter limited gains, as dollar strength sustains.
    • Businesses: paying US Dollar invoices might see costs holding near recent support levels, but could face less favourable rates if the pair slips.

    🧭 Key drivers

    • Rate gap: The US Federal Reserve’s cautious stance continues to sustain USD strength, pressuring EUR/USD.
    • Risk/commodities: Risk-off sentiment driven by geopolitical risks and energy pressures supports safe-haven currencies.
    • Global factors: Ongoing geopolitical tensions are creating safe-haven flows and maintaining USD support.

    ⚠️ What could change it

    • Upside risk: Easing geopolitical tensions could reduce safe-haven flows, supporting a modest Euro recovery.
    • Downside risk: Further escalation in risk-off conditions or persistent energy price pressures could deepen dollar support.

    BER suggests comparing FX providers, as lower margins can help offset less favourable exchange conditions and 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.

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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 =
    1.1555We compare provider deals to this wholesale mid-market rate. Read more
    USD
    1D+0.1%
    EUR to USD at 1.1534 is just above its 3-month average, having traded in a very stable 2.7% range from 1.1359 to 1.1663
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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
    31 Jul 2026
    1.1537
    0% 2 Week
    16 May 2026
    1.1627
    0.8% 3 Month
    14 Aug 2025
    1.1651
    1% 1 Year
    15 Aug 2021
    1.1794
    2.2% 5 Year
    16 Aug 2016
    1.1275
    2.3% 10 Year
    19 Aug 2006
    1.2814
    10% 20 Year
    EUR/USD historic rates & change to 14-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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