RBC Forecast: Dollar Dominance has Ended, End-2026 EUR/USD Forecast 1.24

  • After hitting a 3-year high above 1.15 in April, the Euro to Dollar (EUR/USD) exchange rate has consolidated in a range around 1.13 over the past three weeks. RBC Capital Markets (RBC) expects a steady flow of funds away from the dollar which will benefit the Euro.