The euro climbed back above $1.14, rebounding from one-year lows hit last week, as investors are now focusing on the ECB’s Sintra Forum and upcoming inflation data from Europe’s major economies. ECB President Christine Lagarde will open the forum on Monday, with the most anticipated panel on Wednesday, featuring Lagarde, new Fed Chair Kevin Warsh, and Bank of England Governor Andrew Bailey. Markets will watch for signals on their economic assessments and policy outlook. Since the interim US-Iran ceasefire reopened the Strait of Hormuz, oil and inflation expectations have fallen, prompting markets to reduce bets on interest rate hikes by the ECB and Bank of England. On the data front, Spain’s EU-harmonized consumer price index rose 3.6% year-over-year in June, unchanged from May and holding at its highest level since June 2024.
The EUR/USD exchange rate rose to 1.1403 on June 29, 2026, up 0.17% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 1.96%, and is down by 3.25% 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 June 29 of 2026.
The EUR/USD exchange rate rose to 1.1403 on June 29, 2026, up 0.17% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 1.96%, and is down by 3.25% over the last 12 months. The Euro US Dollar Exchange Rate - EUR/USD is expected to trade at 1.14 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.