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June 19, 2023EUR/AUD went up to 1.6003 only to drop back some of the way and is now trading at 1.5915.
Other currencies are also rising as USD/SGD ascends 0.26% to trade around 1.34. USD/CHF climbs 0.1% to trade around 0.8946.
While Euro-Aussie dollar is up today, these currencies are lagging behind: EUR/CAD is down to 1.4419, losing 19 pips, after closing at 1.4438 in the preceding trading session.
The market is looking forward to the release of new data: Australia RBA Meeting Minutes scheduled to come out tomorrow at 01:30 UTC. Germany Producer Price Index expected to decline to -0.7% while its preceding data was 0.3%, data will be available tomorrow at 06:00 UTC. Euro Zone ECB's Lane speech will be released today at 11:00 UTC.
Euro-Aussie dollar is now trading 4.78% away from its significant high of 1.6707 first tested a month ago.
