EUR/USD Exchange Rate Today, Forecast & News

EUR/USD
Euro - US Dollar
Open
1.07463-0.00211 (-0.20%)
As of: May 08, 2024 17:09 UTC
Open
1.07674
High
1.07925
Low
1.07290

Stats

Prev. Close

1.07674

Open

1.07674

Day's Range

1.07290 - 1.07925

52 Week Range

1.04484 - 1.12758

YTD Change

-2.64%

1 Year Change

-2.47%

Economic CalendarAll Events

Time zone: GMT

Wednesday, May 8th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
14:30	USD	EIA Gasoline Stocks ChangeMay/03	Medium	0.915M	-1.18M	0.344M
15:00	USD	Fed Jefferson Speech	Medium
15:45	USD	Fed Collins Speech	Medium
17:00	USD	10-Year Note Auction	Medium	4.483%	null	4.560%
17:30	USD	Fed Cook Speech	Medium

Thursday, May 9th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Initial Jobless ClaimsMay/04	Medium		210K	208K
17:00	USD	30-Year Bond Auction	Medium			4.671%

EUR/USD

The EUR and USD are the most widely traded currency pairings across the FX world. Their respective economies are also the world's 2 largest. The EUR, alongside the USD, is also a major global currency reserve. While both are influenced by central banks, the Eurozone does not have central control on fiscal policy across member states. Monetary policy divergence and geopolitics also provide volatility across the pairing. The pair account for 28% of total transaction volume in the FX market.

	Euro Area		United States
Interest Rate	4.5% Apr 24		5.5% May 24
Inflation Rate	2.4% Apr 24		3.5% Mar 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	N/A	N/A	AaaNegative	AA+Stable