The euro slipped below $1.14, touching its weakest point in a month, as investors continued to monitor developments in the Middle East while the dollar found support from lingering expectations that the Federal Reserve could still raise interest rates on Wednesday. Although a pause in US attacks on Iran pushed oil prices lower and eased inflation concerns, US Treasury yields retreated only modestly, reflecting continued caution. In Europe, money markets slightly pared expectations for additional ECB tightening but still price in nearly two 25 bp rate hikes by March 2027. ECB policymaker Peter Kazimir said at least one more rate increase will likely be needed to curb inflation, adding that a weaker economic outlook could justify even more tightening than markets currently anticipate, while Chief Economist Philip Lane said the current inflation shock remains moderate, supporting further policy tightening. Investors now await fresh inflation data later this week for further policy clues.

The EUR/USD exchange rate rose to 1.1372 on July 28, 2026, up 0.02% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 0.44%, and is down by 1.55% 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 28 of 2026.

The EUR/USD exchange rate rose to 1.1372 on July 28, 2026, up 0.02% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 0.44%, and is down by 1.55% 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.



Crosses Price Day Year Date
EURUSD 1.1367 -0.0001 -0.01% -1.59% Jul/28
EURGBP 0.8550 -0.0006 -0.07% -1.15% Jul/28
EURAUD 1.6302 0.0039 0.24% -8.08% Jul/28
EURNZD 1.9698 0.0012 0.06% 1.55% Jul/28
EURJPY 186.2200 0.0520 0.03% 8.61% Jul/28
EURCNY 7.6935 0.0025 0.03% -7.24% Jul/28
EURCHF 0.9316 0.0004 0.05% 0.10% Jul/28
EURCAD 1.6037 -0.0020 -0.12% 0.80% Jul/28
EURMXN 19.8541 0.0124 0.06% -8.30% Jul/28
EURINR 108.9777 0.0978 0.09% 8.30% Jul/28
EURRUB 89.3859 0.6785 0.76% -5.25% Jul/28
EURIDR 20,555.3363 20.4679 0.10% 8.04% Jul/28
EURPLN 4.3260 0.0066 0.15% 1.15% Jul/28
EURSEK 11.0623 0.0046 0.04% -0.72% Jul/28
EURCZK 24.1902 0.0282 0.12% -1.59% Jul/28
EURHUF 360.0280 0.1055 0.03% -9.89% Jul/28
EURNOK 11.0216 0.0340 0.31% -6.46% Jul/28
EURZAR 19.0607 0.0148 0.08% -7.69% Jul/28
EURBRL 5.8159 0.0215 0.37% -10.99% Jul/27
EURKRW 1,675.4987 16.3811 0.99% 3.14% Jul/27
 Currencies
 EUR...
 ...EUR



Related Last Previous Unit Reference
Euro Area Inflation Rate 2.80 3.20 percent Jun 2026
United States Inflation Rate 3.50 4.20 percent Jun 2026
Euro Area Interest Rate 2.40 2.40 percent Jul 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Jun 2026
United States Non Farm Payrolls 57.00 129.00 Thousand Jun 2026
United States Unemployment Rate 4.20 4.30 percent Jun 2026
Euro Area Unemployment Rate 6.20 6.20 percent May 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 Drops to One-Month Low as Fed Rate Outlook Supports Dollar
The euro slipped below $1.14, touching its weakest point in a month, as investors continued to monitor developments in the Middle East while the dollar found support from lingering expectations that the Federal Reserve could still raise interest rates on Wednesday. Although a pause in US attacks on Iran pushed oil prices lower and eased inflation concerns, US Treasury yields retreated only modestly, reflecting continued caution. In Europe, money markets slightly pared expectations for additional ECB tightening but still price in nearly two 25 bp rate hikes by March 2027. ECB policymaker Peter Kazimir said at least one more rate increase will likely be needed to curb inflation, adding that a weaker economic outlook could justify even more tightening than markets currently anticipate, while Chief Economist Philip Lane said the current inflation shock remains moderate, supporting further policy tightening. Investors now await fresh inflation data later this week for further policy clues.
2026-07-28
Euro Hits 4-week Low
EURUSD decreased to 1.14, the lowest since June 2026. Over the past 4 weeks, Euro US Dollar lost 0.51%, and in the last 12 months, it decreased 1.62%.
2026-07-28
Euro Rebounds as Easing Middle East Tensions Boost Risk Appetite
The euro climbed back above $1.14, rebounding from near one-year lows reached last week, as easing tensions between the US and Iran and a sharp decline in oil prices improved risk sentiment. Brent crude retreated from two-month highs, helping ease inflation concerns and prompting money markets to slightly scale back expectations for further European Central Bank tightening, though they still price in nearly two 25-basis-point rate hikes by February 2027. ECB Chief Economist Philip Lane said the current inflation shock remains moderate, warranting some additional policy tightening but not an aggressive response. He also reiterated that inflation is expected to return to the ECB's 2% target over the coming year. Last week, the ECB left interest rates unchanged, as expected, while signaling that another rate hike in September remains possible. Investors now await fresh inflation data later this week for further clues on the policy outlook.
2026-07-27