A quick look at yesterday: EUR/AUD slid down from 1.6418 to 1.6381, taking a 37 pips loss (0.23%)
While price action maintains a negative bias, Euro Zone Consumer Price Index released yesterday at 09:00 UTC with a figure of 5.5%, while the previous figure was 6.1%. Fresh CFTC AUD speculative net positions data from Australia came out at -39,400. Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 145,000, while the previous figure was 144,600.
Euro-Aussie dollar's value drop coincided with the fact that after ending yesterday's session at 1.79, EUR/NZD lost 123 pips and is trading around 1.7776.
Positive performances can be seen by looking at other currencies as NZD/USD is trading around 0.6138 after ending yesterday's session at 0.6069 (up 1.14% today). GBP/USD is trading around 1.2698 after ending yesterday's session at 1.261 (up 0.69% today).
After setting a supportive marker at 1.4289 around 10 months ago, Euro-Aussie dollar is now trading 14.9% higher.