The euro ended the month around $1.12, posting a monthly decline of more than 1% against the USD and hovering near its lowest level in over a year. The currency remained under pressure from concerns over France's fiscal outlook and the European Central Bank's cautious approach to further monetary tightening. Eurozone growth data released on Friday showed a slowdown in economic activity in Q3, with France unexpectedly slipping into contraction as falling exports and investment weighed on output. Social unrest added to uncertainty, pushing French OAT yields to their highest levels in over two decades, while inflation remained persistent across the region. On Thursday, the ECB kept interest rates unchanged, while avoiding firm signals about the future policy path. President Christine Lagarde confirmed that a rate hike had been discussed, but policymakers unanimously opted to hold rates steady, pointing to tighter financial conditions as a factor helping to contain price pressures.
The EUR/USD exchange rate fell to 1.1158 on October 30, 2026, down 0.20% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 0.76%, and is down by 3.28% 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 November 1 of 2026.
The EUR/USD exchange rate fell to 1.1158 on October 30, 2026, down 0.20% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 0.76%, and is down by 3.28% over the last 12 months. The Euro US Dollar Exchange Rate - EUR/USD is expected to trade at 1.12 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.14 in 12 months time.