Tentatively higher from an earlier low of 1.593, EUR/AUD is up to 1.6154 today, adding 70 pips, or 0.44%, to yesterday's closing price of 1.6084.
Meanwhile, Germany Producer Price Index published yesterday at 06:00 UTC came out at -1.4%, falling short of the -0.7% projections and continuing its decline from the previous 0.3% figure.
Other currencies are also rising as USD/JPY is up 0.45%. EUR/JPY is up 0.45%. EUR/GBP gained 0.4% and is currently trading at 0.8587.
Elsewhere, Germany Buba President Nagel speech set for tomorrow at 12:05 UTC. Germany Buba Balz speech is scheduled today at 15:00 UTC. Euro Zone ECB's Panetta speech is scheduled tomorrow at 09:15 UTC.
Having set a peak of 1.6707 around a month ago, Euro-Aussie dollar is now trading 3.73% below this level.