Euro-Aussie dollar retraces 16 pips from 5 weeks high, trades at 1.5667

After hitting its highest point in 5 weeks at 1.5684, EUR/AUD dropped by 16 pips and is now trading at 1.5667.

Meanwhile, Australia Company Gross Operating Profits (QoQ) (Q4) came out at 10.6, while a consensus of analysts was expecting 1.5.

In the meantime, negative performances are seen in other pairs, USD/JPY descends 0.19% to trade around 136.15. EUR/JPY is down to 143.75, losing 15 pips, after closing at 143.91 in the preceding trading session.

Though Euro-Aussie dollar has been dropping, other pairs have been performing better: GBP/USD gained 0.14% and is currently trading at 1.1959.

Moreover, Australia Retail Sales is projected to outperform its last figure with 1.2%. It previously stood at -3.9%; data will be released tomorrow at 00:30 UTC.

Furthermore, Australia Current Account (Q4) is expected tomorrow at 00:30 UTC. France Consumer Price Index is expected tomorrow at 07:45 UTC. France Consumer Spending is projected to outperform its last figure with 0.2%. It previously stood at -1.3%; data will be released tomorrow at 07:45 UTC.

Euro-Aussie dollar has appreciated 9.61% over the past six months.