The euro weakened below $1.14, approaching a one-year low after a 2% decline against the US dollar in June. Investors digested softer-than-expected Eurozone inflation data, with the flash CPI report showing headline inflation falling to 2.8% in June and the core rate dropping to 2.4%, offering some relief to European Central Bank policymakers. At the ECB’s Sintra Forum, ECB President Christine Lagarde noted that risks to inflation and growth in the euro area have become less pronounced. This shift follows the ECB’s decision just three weeks earlier to become the first G7 central bank to raise interest rates after the outbreak of the Iran war, justified by concerns over inflation spreading through the economy. Since then, the US-Iran peace accord has significantly reduced oil prices, removing a key inflation driver. Elsewhere, the dollar remains supported by expectations that the US Federal Reserve will raise interest rates later this year.

The EUR/USD exchange rate rose to 1.1386 on July 2, 2026, up 0.07% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 1.83%, and is down by 3.26% over the last 12 months. Historically, the Euro US Dollar Exchange Rate - EUR/USD reached an all time high of 1.87 in July of 1973.The euro was only introduced as a currency on the first of January of 1999. However, synthetic historical prices going back much further can be modeled if we consider a weighted average of the previous currencies. Euro US Dollar Exchange Rate - EUR/USD - data, forecasts, historical chart - was last updated on July 2 of 2026.

The EUR/USD exchange rate rose to 1.1386 on July 2, 2026, up 0.07% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 1.83%, and is down by 3.26% over the last 12 months. The Euro US Dollar Exchange Rate - EUR/USD is expected to trade at 1.15 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.16 in 12 months time.



Crosses Price Day Year Date
EURUSD 1.1385 0.0008 0.07% -3.26% Jul/02
EURGBP 0.8567 -0.0003 -0.04% -0.52% Jul/02
EURAUD 1.6519 0.0014 0.09% -7.70% Jul/02
EURNZD 2.0058 -0.0006 -0.03% 3.54% Jul/02
EURJPY 184.9400 -0.0330 -0.02% 8.54% Jul/02
EURCNY 7.7280 -0.0022 -0.03% -8.27% Jul/02
EURCHF 0.9208 -0.0004 -0.04% -1.49% Jul/02
EURCAD 1.6183 0.0010 0.06% 1.39% Jul/02
EURMXN 19.9576 -0.0171 -0.09% -8.97% Jul/02
EURINR 108.4154 -0.1433 -0.13% 7.36% Jul/02
EURIDR 20,464.9135 42.8395 0.21% 7.06% Jul/02
EURPLN 4.2905 -0.0031 -0.07% 1.16% Jul/02
EURSEK 11.0644 -0.0053 -0.05% -1.85% Jul/02
EURCZK 24.2268 0.0016 0.01% -1.61% Jul/02
EURHUF 355.4800 -0.0720 -0.02% -10.83% Jul/02
EURNOK 11.2833 0.0035 0.03% -4.65% Jul/02
EURZAR 18.6527 -0.0149 -0.08% -9.31% Jul/02
EURBRL 5.9233 0.0096 0.16% -8.07% Jul/01
EURRUB 88.6237 -1.2690 -1.41% -4.83% Jul/01
EURKRW 1,775.4077 7.8908 0.45% 10.87% Jul/01
 Currencies
 EUR...
 ...EUR



Related Last Previous Unit Reference
Euro Area Inflation Rate 2.80 3.20 percent Jun 2026
United States Inflation Rate 4.20 3.80 percent May 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026
Euro Area Interest Rate 2.40 2.15 percent Jun 2026
United States Non Farm Payrolls 172.00 179.00 Thousand May 2026
United States Unemployment Rate 4.30 4.30 percent May 2026
Euro Area Unemployment Rate 6.30 6.30 percent Apr 2026

Euro US Dollar Exchange Rate - EUR/USD
The EURUSD spot exchange rate specifies how much one currency, the EUR, is currently worth in terms of the other, the USD. While the EURUSD spot exchange rate is quoted and exchanged in the same day, the EURUSD forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
1.14 1.14 1.87 0.64 1957 - 2026 Daily

News Stream
Euro Slides as Inflation Eases
The euro weakened below $1.14, approaching a one-year low after a 2% decline against the US dollar in June. Investors digested softer-than-expected Eurozone inflation data, with the flash CPI report showing headline inflation falling to 2.8% in June and the core rate dropping to 2.4%, offering some relief to European Central Bank policymakers. At the ECB’s Sintra Forum, ECB President Christine Lagarde noted that risks to inflation and growth in the euro area have become less pronounced. This shift follows the ECB’s decision just three weeks earlier to become the first G7 central bank to raise interest rates after the outbreak of the Iran war, justified by concerns over inflation spreading through the economy. Since then, the US-Iran peace accord has significantly reduced oil prices, removing a key inflation driver. Elsewhere, the dollar remains supported by expectations that the US Federal Reserve will raise interest rates later this year.
2026-07-01
Euro Starts Q3 on a Weak Note
The euro entered the third quarter of 2026 at $1.14, close to a one-year low and following a 2% drop against the USD in June. Investors are closely watching the ECB’s Sintra Forum and inflation updates from Europe’s major economies, while the dollar remains supported by expectations that the US Federal Reserve will raise interest rates this year. All eyes are on today’s panel featuring ECB President Christine Lagarde and new Fed Chair Kevin Warsh, as markets look for clues on economic assessments and future policy directions. Meanwhile, recent inflation data across Europe pointed to easing price pressures, providing some relief to ECB policymakers. Investors are also awaiting updates from the US-Iran peace talks in Qatar, with hopes for a lasting ceasefire agreement, though direct talks between the two sides are not anticipated.
2026-07-01
Euro Near One-Year Low
The euro closed June at around $1.14, close to its one-year low, as investors turned their attention to the ECB’s Sintra Forum and inflation updates from Europe’s major economies. The highlight is Wednesday’s panel with ECB President Christine Lagarde as markets seek clues on economic assessments and policy directions. Inflation data indicated easing price pressures in Germany, France and Italy in June, while Spain’s rates stayed near two-year highs. The euro is on track for a monthly loss of over 2% against the US dollar and a 1.3% quarterly decline, with investors expecting the US Federal Reserve to raise interest rates this year to curb inflation amid a robust labor market. Meanwhile, the US-Iran ceasefire, which reopened the Strait of Hormuz, has lowered oil prices and inflation expectations, leading markets to scale back bets on rate hikes by the ECB and Bank of England.
2026-06-30