| 
March 12, 2023
After ending Thursday at 1.6054, EUR/AUD rallied to 1.619 Friday, hitting its highest point in 1 year. It later lost 28 pips and closed at 1.6161.
A look at other currencies also shows bullish price action as notably, GBP/USD rose 0.92% Friday and closed at 1.1923. GBP/CAD added 0.89% and closed around 1.6486 Friday.
While Euro-Aussie dollar is up today, these currencies are lagging behind: USD/CHF is down to 0.9213, losing 111 pips, after ending the previous session around 0.9325.
The market is looking forward to the release of new data: Australia Westpac Consumer Sentiment (Mar) scheduled to come out tomorrow at 23:30 UTC. Euro Zone Eurogroup Meetings is scheduled for tomorrow at 10:00 UTC. Germany Buba Balz speech set for tomorrow at 17:00 UTC.
After setting a supportive marker at 1.4289 around 6 months ago, Euro-Aussie dollar is now trading 12.35% higher.
