EUR/USD Exchange Rate Today, Forecast & News

EUR/USD
Euro - US Dollar
Open
1.07474+0.00302 (+0.28%)
As of: May 03, 2024 12:05 UTC
Open
1.07172
High
1.07477
Low
1.06742

Stats

Prev. Close

1.07172

Open

1.07172

Day's Range

1.06742 - 1.07477

52 Week Range

1.04484 - 1.12758

YTD Change

-2.63%

1 Year Change

-2.39%

Economic CalendarAll Events

Time zone: GMT

Thursday, May 2nd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Unit Labour Costs QoQ PrelQ1	Medium	4.7%	3.3%	0.0%
14:00	USD	Factory Orders MoMMar	Medium	1.6%	1.6%	1.2%

Friday, May 3rd 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
06:45	EUR	Industrial Production MoMMar	Medium	-0.3%	0.3%	0.2%
08:00	EUR	Unemployment RateMar	Medium	7.2%	7.5%	7.4%
12:30	USD	Average Hourly Earnings YoY	Medium		4%	4.1%
12:30	USD	Average Hourly Earnings MoMApr	Medium		0.3%	0.3%
12:30	USD	Participation RateApr	Medium		62.7%	62.7%

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% Apr 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