The euro traded around $1.17, hovering near a three-week low, as traders weighed ongoing trade developments. US President Trump announced a 30% tariff on imports from the European Union starting August 1st, though he later signaled openness to negotiations. In response, the EU reiterated its commitment to securing a trade agreement and said it would hold off on immediate countermeasures, extending the suspension of planned retaliatory tariffs until early August to allow for continued dialogue. On the monetary policy front, investors largely expect the ECB to keep borrowing costs unchanged at next week’s meeting. However, markets are still pricing in one more 25bps rate cut later this year. Despite the recent pullback in July, the euro remains up nearly 13% against the dollar year-to-date, supported by broad dollar weakness and renewed optimism about the eurozone’s economic outlook, particularly after Germany’s shift toward increased fiscal spending.
The EUR/USD exchange rate fell to 1.1604 on July 15, 2025, down 0.53% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has strengthened 0.37%, and is up by 6.44% 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 15 of 2025.
The EUR/USD exchange rate fell to 1.1604 on July 15, 2025, down 0.53% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has strengthened 0.37%, and is up by 6.44% 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 1.12 in 12 months time.