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April 21, 2023
EUR/AUD has rallied 154 pips, or 0.95%, to now stand at 1.6419.
Meanwhile, Euro Zone Manufacturing PMI released today at 08:00 UTC with a figure of 45.5, while the previous figure was 47.3. Euro Zone Composite PMI came out at 54.4, while a consensus of analysts was expecting 53.7. France Services PMI came out at 56.3, while a consensus of analysts was expecting 53.4.
A look at other currencies also shows bullish price action as GBP/NZD added 0.8% to its value, now trading at 2.0282. EUR/NZD is up 0.87%. EUR/CAD gained 0.64% and is now trading at 1.4873.
Elsewhere, Euro Zone CFTC EUR speculative net positions is expected today at 20:30 UTC. Australia CFTC AUD speculative net positions scheduled to come out today at 20:30 UTC.
The currency pair has been trending positively for about 2 months. Having set a peak of 1.6417 around 9 days ago, Euro-Aussie dollar is now trading 0.92% below this level.
