The euro is trading just above its weakest level of 2026 against the dollar. The ECB reference rate fixed EUR/USD at 1.1188 on 26 October, its lowest since 7 October, when the pair set the year low at 1.1177.

The pair has fallen 1.9% in a month, from 1.1403 on 25 September, and is down 4.5% so far this year from 1.1721 on 2 January. The year's high was 1.1974 on 28 January.

Source: European Central Bank, daily EUR/USD reference rate (fix 26/10/2026).