1.1188 USD = 1 EUR 2026-10-26 ECB Reference rate

The European Central Bank has published its euro reference rate for 26 October 2026, setting one euro at 1.1188 US dollars. This is a daily fixing derived from a 14:15 CET concertation of central bank exchange-rate data, serving as a benchmark for official valuations and reporting rather than a live trading price. The level reflects the prevailing interbank EUR/USD spot as of that fixing, so any move from the prior day's reference rate signals the direction and magnitude of dollar-euro repricing over the session. Traders typically track the reference rate against the spot market to gauge whether the dollar is strengthening on rate-differential expectations between the Federal Reserve and the ECB. The next catalyst to watch is the ECB's scheduled monetary policy communication and any subsequent US inflation or payrolls data, which could shift relative policy-rate expectations and move EUR/USD away from this fixing.

The US Dollar (USD) is the world's primary reserve currency and the base for most forex majors. Headlines about Federal Reserve policy, US macro data (CPI, NFP, GDP), and Treasury yield shifts typically drive USD pair direction within seconds of release.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

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