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February 24, 2023
EUR/AUD posts light gains on a low-volatility day, ranging between 1.5512 – 1.56 and is now at 1.5565.
Germany GDP is next today at 07:00 UTC.
At the same time, Euro Zone Consumer Price Index released yesterday at 10:00 UTC with a figure of 8.6%, while the previous figure was 9.2%. Euro Zone Core Consumer Prices came out at 5.3%, while a consensus of analysts was expecting 5.2%. Fresh Consumer Price Index data from Euro Zone came out at -0.2%.
Elsewhere, other currency pairs are also gaining ground as having closed the previous session at 0.9327, USD/CHF is up 0.16% today to currently trade at around 0.9341. USD/JPY added 0.11% to its value, now trading at 134.79.
Other currencies are showing mixed performance as EUR/JPY moves 0.09% to trade around 142.82.
Furthermore, the market is looking at Germany GDP is expected today at 07:00 UTC. Germany GfK Consumer Climate (Mar) is expected today at 07:00 UTC. Germany GDP is expected today at 07:00 UTC.
Having established significant support at 1.4289 approximately 6 months ago, Euro-Aussie dollar's share price has bounced 8.89% higher.
