Intelligence: a forecast

The euro in dollars, a week ahead

Made and published . Open: resolved with the first value from 18 November 2026.

The forecast an estimate, not a fact

The ECB's euro reference rate in US dollars for Wednesday 18 November 2026, or the first day after it with a value, will be between US$ 1.1016 and US$ 1.1250 with 80% probability, and between US$ 1.1064 and US$ 1.1189 with 50% (median US$ 1.1127). The chance it is above US$ 1.1127, its value for 11 November 2026, is 50%.

Its distribution: the value is expected below each of these with the chance shown
Chance belowValue
5%US$ 1.0989
10%US$ 1.1016
25%US$ 1.1064
50%US$ 1.1127
75%US$ 1.1189
90%US$ 1.1250
95%US$ 1.1289

The chance it is above US$ 1.1127: 50%.

Target: the first value from 18 November 2026. Void if none by 18 December 2026.

The forecast before, of 11 November 2026 at 12:18 UTC, gave a 50% chance of a rise and a median of US$ 1.1215; this one gives 50% and US$ 1.1127.

The facts it rests on

Euro reference rate, US dollars per euro: US$ 1.1127 for 11 November 2026, as published by European Central Bank. Check it at its source. Source: ECB statistics.

Its history used: 760 changes from 13 November 2023 to 11 November 2026.

Read from European Central Bank 12 November 2026 at 06:04 UTC: https://data-api.ecb.europa.eu/service/data/EXR/D.USD.EUR.SP00.A?startPeriod=2023-07-31&format=csvdata&detail=dataonly; the bytes read had the SHA-256 5f2829f56ac566ee4507847a287e3acc18fcd0d6c8c1f13a4d640e4e1be469f7.

The method and its assumptions

The series' past changes over the same horizon, as proportions, applied to its latest value.

The 760 changes of the series over 7 days from values dated 13 November 2023 to 11 November 2026, taken as proportions; their quantiles (Hyndman and Fan's definition 7) applied to its latest value, US$ 1.1127, give the forecast's; the chance of a rise is the share of those changes above zero with one added to each side (Laplace's rule): (380 + 1) / (760 + 2).

The assumption: the spread of the series' changes in the window used is the spread of the change to come. Nothing else is used: no news, no other series, no one's judgment.

How it is resolved and scored

Resolved with the value European Central Bank publishes for the first date on or after the target date, as the station first reads it (later revisions do not change it). Void if none is published within 30 days after it. Scored by the CRPS, by whether the value falls inside the 50%, 80% and 90% intervals, and the chance of a rise by the Brier score.

Asked again each time European Central Bank publishes a new value, at the daily run at 06:00 UTC.

Disclosures

Produced by
Voyage Tracable, LLC, which makes Invisible Network, by the method above, run by the site's server at the daily run. No person chose, edited or saw it before it was published.
Completed and first published
12 November 2026 at 06:04 UTC, at the same moment.
What it is
A forecast of a value, with its uncertainty. It is not advice to anyone in particular, and not a recommendation to buy, sell or hold anything; everyone is shown the same.
Interests of the producer
Declared on 2026-11-10 by David Jean Charlot, PhD, owner, for Voyage Tracable, LLC: David Jean Charlot and the companies he controls, Voyage Tracable, LLC among them, hold no position in, and do not trade, US Treasury securities or Treasury futures, the euro against the US dollar, crude oil or natural gas.
The site's rules
Nobody connected to the site trades on a forecast before it is published. All the station's rules.
In the record
Line 25 of the record, hash 575296e33e58975c501db2051bbf411404f5690f259edddc5de4d68e2f7c7ca1.

Earlier forecasts of this question, the 12 months before

  • 11 November 2026 at 12:18 UTC: The ECB's euro reference rate in US dollars for Tuesday 17 November 2026, or the first day after it with a value, will be between US$ 1.1103 and US$ 1.1338 with 80% probability, and between US$ 1.1151 and US$ 1.1276 with 50% (median US$ 1.1215). The chance it is above US$ 1.1214, its value for 10 November 2026, is 50%. Open: resolved with the first value from 17 November 2026.