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June 04, 2023A quick look at Friday: EUR/AUD dropped 158 pips early on and stayed at 1.6211.
Euro-Aussie dollar's value drop coincided with the fact that after ending Friday's session at 1.6841, GBP/CAD lost 124 pips and is trading around 1.6716. EUR/CAD lost 0.63% Friday and closed at 1.4469.
Though Euro-Aussie dollar has been dropping, other pairs have been performing better: USD/JPY went up by 0.84% Friday, and closed at 139.97.
Furthermore, Australia Company Gross Operating Profits (QoQ) (Q1) is expected tomorrow at 01:30 UTC. Germany Trade Balance (Apr) scheduled to come out tomorrow at 06:00 UTC. Germany Services PMI is expected tomorrow at 07:55 UTC.
Having set a peak of 1.6707 around a month ago, Euro-Aussie dollar is now trading 2.02% below this level.
