Euro-Aussie dollar trades at 1.6396 after gaining 116 pips (0.71%).
Uptick comes while some more positive signs for Euro-Aussie dollar are out as highly important Employment Change data from Australia beat analyst expectations of 20,000 with a reading of 53,000.
At the same time, Germany Consumer Price Index released yesterday at 06:00 UTC with a figure of 0.8%, while the previous figure was 0.8%. Spain Consumer Price Index came out at 3.3%, while a consensus of analysts was expecting 3.3%.
Elsewhere, other currency pairs are also gaining ground as USD/SGD surges 0.68% to trade around 1.3312. EUR/NZD gained 0.98% and is currently trading at 1.7705.
Meanwhile, AUD/USD is trading around 0.6703 (down 82 pips).
The market is looking forward to the release of new data: Euro Zone CFTC EUR speculative net positions is scheduled for today at 20:30 UTC. Australia CFTC AUD speculative net positions is expected today at 20:30 UTC.
The currency pair has been trending positively for about a month. As things stand, Euro-Aussie dollar is 0.84% away from a significant high of 1.6417, first set 2 days ago.