After ending the previous trading day at 1.6159, EUR/AUD went up to 1.6259 only to drop back; still positive overall today, now trading at 1.6194.
A look at other currencies also shows bullish price action as EUR/JPY increases 0.21% to trade around 156.08. USD/CHF gained 0.14% and is currently trading at 0.8941. GBP/JPY added 0.16% to its value, now trading at 181.33.
Furthermore, the market is looking at Spain GDP is projected to outperform its last figure with 0.5. It previously stood at 0.2; data will be released tomorrow at 07:00 UTC. France Services PMI is expected tomorrow at 07:15 UTC. France Manufacturing PMI figure is projected at 45.3. It previously stood at 45.7; data will be released tomorrow at 07:15 UTC.
As things stand, Euro-Aussie dollar is 3.28% away from a significant high of 1.6707, first set a month ago.