The euro edged lower to $1.152 as traders weighed the latest in US-Iran negotiations, including a 10-day extension of President Donald Trump’s deadline for a deal to April 6. While German Foreign Minister Johann Wadephul confirmed indirect contacts and upcoming direct talks in Pakistan, the muted market reaction suggests skepticism that a breakthrough is imminent, with President Trump seen as buying time to bolster military presence in the region. Meanwhile, Spain’s inflation surged to 3.3% in March, the highest since June 2024, though below expectations of 3.9%. The shift in ECB policy expectations has been stark: traders now price in at least two interest rate hikes this year, with a strong chance of a third, reversing earlier bets on a 40% likelihood of a 2026 cut.
The EUR/USD exchange rate fell to 1.1504 on March 27, 2026, down 0.17% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 1.57%, but it's up by 6.23% 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 March 28 of 2026.
The EUR/USD exchange rate fell to 1.1504 on March 27, 2026, down 0.17% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has weakened 1.57%, but it's up by 6.23% 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 1.19 in 12 months time.