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March 06, 2023Euro-Aussie dollar went up to 1.5761 only to drop back to some of the way and is now trading at 1.5754.
Other currencies are also rising as EUR/NZD is up 0.27%.
At the same time, GBP/JPY goes down 0.22% to trade around 163.22. USD/JPY closed at 135.6 (down 0.17%).
Positive indicators for Euro-Aussie dollar are expected going forward as Australia Retail Sales is projected to outperform its last figure with 1.9%. It previously stood at -4%; data will be released tomorrow at 00:30 UTC.
Furthermore, the market is looking at Australia Interest Rate figure is projected at 3.6. It previously stood at 3.35; data will be released tomorrow at 03:30 UTC. Australia RBA Rate Statement scheduled to come out tomorrow at 03:30 UTC.
Having set a significant low of 1.4289 6 months ago, Euro-Aussie dollar is trading 9.92% higher.
