The euro has been trading around $1.15 in August, near two-month highs, as traders navigate shifting developments in the Middle East and conflicting signals over the prospects of a deal between the US and Iran, while also assessing the resulting rise in oil prices and its impact on inflation. In Europe, market-based measures of inflation expectations, reflected in swaps for the Euro Area over the next year, are around 2.4%, above the ECB’s 2% target. Eurozone inflation edged up to 2.9% in July. Meanwhile, the Euro Area economic outlook has improved, with recent resilience prompting analysts to become more optimistic about growth. The Eurozone economy expanded 0.4% in Q2, the strongest pace since early 2025 and growth is projected to moderate in the near term before gradually gaining momentum. As a result, investors expect the ECB to deliver another 25bps rate hike in September.
The EUR/USD exchange rate rose to 1.1567 on August 14, 2026, up 0.35% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has strengthened 0.90%, but it's down by 1.14% 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 August 15 of 2026.
The EUR/USD exchange rate rose to 1.1567 on August 14, 2026, up 0.35% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has strengthened 0.90%, but it's down by 1.14% over the last 12 months. The Euro US Dollar Exchange Rate - EUR/USD is expected to trade at 1.16 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.18 in 12 months time.