US dollar (USD) exchange rates, chart & forecast

USD Market Update

18 Jul 2026 • 01:09 GMT

The US dollar remains supported by rising energy prices and ongoing geopolitical tensions in the Gulf, which have bolstered market confidence in the dollar's strength. Against the euro, USD is currently trading at around 0.8741, slightly above its three-month average, after moving within a stable range. The dollar also remains firm against commodity-linked currencies like the AUD and CHF, while recently reaching near 7-day highs versus the JPY at 162.5. Conversely, the USD has softened slightly against the CAD, trading near 1.4021, close to its recent 30-day lows. Traders should keep an eye on energy market developments and geopolitical events, as these factors could continue to push the dollar higher or provide moments of relief. Market participants are also awaiting upcoming US CPI data, which could influence Federal Reserve policy directions and, in turn, impact the dollar's overall strength. With broad stability in most major pairs, the dollar's trajectory will largely depend on energy trends and geopolitical stability in the near term.

📊 Quick forecast view

Near-term bias: 🔴 Mild downside

Expected range: 0.8650 – 0.8800

Dominant driver: 🌍 Global risk sentiment

3-month trend: ⚪ Range-bound

USD/EUR Forecasts

USD/EUR Rates

US Dollar Index - USD/X Trend

The U.S. Dollar Index at 100.8 is 1.1% above its 3-month average of 99.67, having traded in a very stable 3.9% range from 97.83 to 101.6

17-JUL 8PM-NY 18-JUL 1AM-LON 8AM-HK 10AM-SYD

1 USD = X

1d+0.1%▲

View My Rate Tracker

Compare & Save on Exchange Rates

Exchange rates can vary significantly between banks and currency exchange providers, so it's important to compare rates from different sources before making a conversion.

The below table makes it easy to calculate and compare the Total Cost you are being charged on currency rates and the possible savings of using a foreign exchange provider rather than your bank.