Euro-Aussie dollar is growing its five-day winning streak by closing at 1.6318, gaining 104 pips.

A quick look at yesterday: EUR/AUD gained 104 pips and stayed at the 1.6318 level.

Meanwhile, Australia CFTC AUD speculative net positions released yesterday at 20:30 UTC with a figure of -49,600, while the previous figure was -61,700. Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 144,600, while the previous figure was 151,800. Euro Zone Composite PMI came out at 50.3, while a consensus of analysts was expecting 52.5.

A look at other currencies also shows bullish price action as USD/SGD jumps 0.59% yesterday and closed at 1.3445.

While Euro-Aussie dollar is up today, these currencies are lagging behind: AUD/USD is down to 0.6678, losing 82 pips, after ending the previous session around 0.676. EUR/USD lost 0.57% yesterday and closed at 1.0959.

The market is looking forward to the release of new data: Euro Zone ECB's Schnabel speech is scheduled today at 13:15 UTC.

As things stand, Euro-Aussie dollar is 2.95% away from a significant high of 1.6707, first set a month ago.