EUR/USD: 1.1269, up 0.58% at the 6 October 2026 fixing

Over the three months to 6 October 2026, EUR/USD's highest and lowest points were set three weeks apart by weeks of the calendar but a wide distance in rate. The high came in late August, the low only at the most recent fixing available, so the bottom of the range is also where the pair stood as of the latest published figure.

• High: 1.1699, the ECB reference rate for 21 August 2026
• Low: 1.1204, the ECB reference rate for 5 October 2026

Both are European Central Bank reference rates, set at about 14:10 CET for information purposes rather than for dealing, and both are already out of date by the time they are read.

At the European Central Bank's fixing of 6 October 2026, EUR/USD sat 13% of the way from its three-month low to its three-month high (our own calculation from European Central Bank reference rates).

How range position is worked out

Range position measures how far the current rate sits above its three-month low, stated as a percentage of the distance between that low and the three-month high for the same period. A reading near 0% puts the rate at its low for the three months; a reading near 100% puts it at its high. The European Central Bank sets its reference rates at approximately 14:10 CET for information purposes, not for transacting, so the figure describes where the rate stood at that fixing rather than a price available to deal on.

The three-month high and low behind the figure

EUR/USD's highest ECB fixing in the three months to 6 October 2026 was 1.1699, set on 21 August 2026. Its lowest fixing over the same three months was 1.1204, set on 5 October 2026, one trading day before the latest fixing used here.

With the three-month low set so close to the latest fixing, a range position of 13% places EUR/USD near the bottom of that band. The method behind the calculation is set out on the methodology page.

Typical day

Over the 20 ECB fixings to 6 October 2026, EUR/USD moved by about 36 pips a day. The figure is the standard deviation of the pair's daily changes over that stretch, which is our own calculation from European Central Bank reference rates and is already out of date by the time anyone reads it. It gives a baseline for judging a single day's move: a 40-pip swing means something different on a day when the pair has been averaging that much than it does on a day when it has been averaging half that.

Annualised volatility

The same 20 fixings put EUR/USD's annualised volatility at 5.0%. We get there by scaling the daily standard deviation up using 252 trading days a year, the standard convention for turning a daily figure into an annual one. It describes how much the pair has been moving.

EUR/USD and USD/CHF moved in opposite directions more often than not across the 40 ECB fixings to 6 October 2026. The daily changes in the two pairs carried a correlation of -0.53 over that window, our own calculation from European Central Bank reference rates. We call a figure of that size a moderate opposite link: on a day EUR/USD rose, USD/CHF had some tendency to fall, though the relationship was far from fixed.

How the figure is scaled

We describe a correlation as almost no link below 0.2 in size, moderate from 0.2 up to 0.7, and strong from 0.7 and above. A negative sign means the two pairs tend to move against each other rather than together. The -0.53 reading sits in the moderate band, closer to the midpoint of that range than to either edge.

The calculation is ours and it draws on a fixed window, the previous 40 ECB fixings. It can be wrong, and a relationship that held over this window is not a commitment that it holds over the next one. The mechanism linking the two pairs, largely a shared dollar leg against two different European currencies, is covered where EUR/USD appears in the site's own analysis (Analysis).

EUR/USD answers to two separate publishing calendars, the euro area's and the United States', and a scheduled release from either side can move the pair within minutes of its publication. A Federal Reserve or European Central Bank decision, a US payrolls report, or a euro area inflation print each carries a known date and time well before it lands.

Central bank decisions

Federal Reserve and European Central Bank meetings are read for more than the rate decision itself. The accompanying statement is read for central-bank forward guidance, meaning statements about the likely future path of the policy rate, and a change in wording between two meetings can move EUR/USD as much as the decision did.

Economic data releases

Inflation, employment and growth figures from official statistical publishers on both sides of the pair are scheduled well in advance. It is usually the gap between the published figure and the previous reading that moves EUR/USD on the day.

Where the schedule comes from

Dates and times are taken from official publishing schedules, with the importance assigned to each entry and the last published figure shown alongside its source. The events calendar lists what is scheduled next, the central banks coverage connects Federal Reserve and ECB decisions to the pair moves that followed them, and the economic data coverage carries the releases from official statistical publishers.

A move in EUR/USD rarely happens on its own. The same week that pushes the pair higher or lower usually shows up in reporting about the dollar more broadly, or in how the pair sits against its recent range, so the pieces below are worth reading alongside whatever brought you to this page.

• The Dollar Rose Against Every Major Currency Except the Yen, 21–28 September 2026 sets EUR/USD in the context of a broader dollar move across the major pairs that week.
• EUR/USD Sat in the Lower Third of Its Three-Month Range at End of Q3 2026 covers where the pair stood against its own recent high and low as the quarter closed.

Further pieces get added to Analysis as new moves are worked through, each following the same finding-first structure with its sources and timeline attached.