ING Forecast: EUR/USD 1.15 by Mid-2025, 1.20 in 2026

  • The Euro to Dollar rate is trading around 1.1350 from 3-year highs around 1.1470 last week. EUR/USD is trading well above levels that would be justified by interest rates, but ING expects investors will continue to demand a risk premium on the dollar in the short term with EUR/USD trading near the top a 1.10-1.15 range at the end of.