US Dollar to Euro forecast highlights
- EURUSD regressing back to range support at 1.150 (USD stronger)
- Macro outlook volatile; ‘risk off’ may lead to near-term USD buying
- Watch for USD strengthening below 1.150
How has the US Dollar performed against the Euro recently?
USDEUR is one of the most traded currency pairs in the FX market. This is because of the voluminous transatlantic trade between the USA (the largest economy) and the EU (the world’s most advanced trading bloc). Goods, capital and people travelled the Atlantic Ocean ceaselessly.
Ever since President Trump re-captured the White House in 2025, the Euro has been trending higher against the USD.
EURUSD was near parity in late 2024. Now, it fetches 1.150 (1.15 USD to one Euro). Prices even surged above 1.200 – the highest level since 2021 – momentarily this year. But that rally was a clear failed breakout, and left a long upper tail in its wake. In other words, the range around 1.150-1.180 remains the current default trading zone.
But prices have been loitering in this narrow corridor for 8 months now. Boring, yes; but inevitable, as the market digests Euro’s rapid gain in the 1H of last year.
The question everyone is asking is whether this sideways consolidation will give way to a period of trend. Looking down, the support at 1.150 is holding (for now). All eyes are now focusing on the Iranian conflict. If that geopolitical tinderbox goes off completely, USD may strengthen as it did in 2022. However, we are not in that phase (yet), but investors are understandably nervous.
The next downside support is near 1.120.
Is it a good time to buy Euros with US Dollars?
The fx rate is currently trading in the middle of the 1.140-1.180 range. The Dollar has strengthened slightly since the start of 2026.
If you need some Euros in the near term, buying some off USD strength may be a good idea. But if you can wait, see if prices may dip below 1.150. That would be a better rate for Euro buyers. The macro situation is choppy, and this could (unexpectedly) present Euro buyers with a good rate.
Will the Euro strengthen against USD in the second quarter of 2026?
The US Dollar saw a modest improvement in its underlying trend recently. This is largely due to a rise in the ‘risk off’ sentiment, on the back of a widening Iranian conflict. Crude oil at $120 imperils the global economy.
For the Euro, its outlook has become a little more murky this year, largely due to two economic reasons:
- Increased worries about higher energy costs – due to rising crude and natural gas prices. This will lead to higher inflation rates.
- Slowing economic growth
German’s economy, for example, is limping. According to one reuters article this week:
Germany’s industry got off
to a surprisingly weak start in January, with orders falling more than forecast and output unexpectedly decreasing, according to statistics office data. January orders declined by 11.1% compared with the previous month on a seasonally and calendar adjusted basis, putting an end to four consecutive increases, the office said on Monday.
Other heavyweight economies like France is hardly counter-balancing Germany’s weak growth. Eurozone’s really GDP growth this year is likely to stay sub-2%:
Source: Yardeni.com
The US economy, on the other hand, is projected to growth twice as fast (real 2.4 percent).
Not to forget is that US is a net-oil exporter. This means higher oil prices benefits the world’s largest economy. EU, on the other hand, suffers from high energy import costs.
The ultimate question, however, is whether these economic divergences are filtering into the fx markets. The USD was weak in 2025 against the Euro. This may change if global investor sentiment deteriorates. But due to erratic policies originated from the White House, investors may use any USD rebound to sell out.
Remember that all those tariffs negotiations are still in place.
In other words, USDEUR’s outlook is increasingly volatile. Near-term market turbulence may push investors gently into USD.
What is the EURUSD forecast in weeks?
While current prices are at the lower end of the trading, EURUSD forecasters are not expecting the rate go much lower.
Based on the predictions made on March 6, most brokers are pencilling a rebound of the rate into the 1.180s (see below). And this rebound is expected to strengthen over time, to 1.190.
However, given the massive day-today swing in macro developments, these forecasts may be rendered obsolete quickly. Therefore, I’d pay more attention to daily price movements, especially when prices are at key price levels.
Source: fxstreet.com (March 2026)
Where is the best place for buying large amounts of Euros from US Dollars
There are two different ways people buy Euros from US dollars:
- Through a currency broker – when transferring money abroad
- Through a forex broker – when speculating on the price of currency
You can use this comparison table of US currency transfer companies to see how many currencies they offer, what the minimum USD transfer is and if they offer forwards and currency options as well as when they were established. You can either visit each currency broker individually or use our currency quote comparison tool to request multiple exchange rates.
Or, if you are more interested in trading EURUSD you can compare US forex brokers here.
How many Euros does 1 US Dollar get at the live exchange rate?
At the che current EURUSD exchange rate 1 USD is worth 0.8685 EUR which is a change of 0.66% from the previous day’s closing price. Over a week EURUSD is 0.66%, compared to its change over a month of 1.59% and one year of -5.26%.
EURUSD exchange rate data is updated every 15 minutes.
Jackson is a core part of the editorial team at GoodMoneyGuide.com.
With over 15 years of industry experience as a financial analyst, he brings a wealth of knowledge and expertise to our content and readers.
Previously, Jackson was the director of Stockcube Research as Head of Investors Intelligence. This pivotal role involved providing market timing advice and research to some of the world’s largest institutions and hedge funds.
Jackson brings a huge amount of expertise in areas as diverse as global macroeconomic investment strategy, statistical backtesting, asset allocation, and cross-asset research.
Jackson has a PhD in Finance from Durham University and has authored over 200 guides for GoodMoneyGuide.com.