| 
May 24, 2023After closing the previous trading day at 1.629, EUR/AUD is up to 1.6295, which makes for a move of 0.03%/4 pips today.
Germany Business Climate Index data will be released today at 08:00 UTC, with an expected decline to 93.
At the same time, Germany Manufacturing PMI released yesterday at 07:30 UTC with a figure of 42.9, while the previous figure was 44.5. Euro Zone Composite PMI came out at 53.3, while a consensus of analysts was expecting 53.7. Fresh Services PMI data from France came out at 52.8.
Other currencies are showing mixed performance as GBP/JPY moves 0.08% to trade around 172.12. GBP/NZD moves 0.09% to trade around 1.9877.
Positive indicators for Euro-Aussie dollar are expected going forward as today at 08:00 UTC data for Germany Business Climate Index will be released, with an expected decline to 93 from the preceding figure of 93.6.
Furthermore, the market is looking at Germany GDP is projected to outperform its last figure with -0.1, having previously been at -0.4. The figure will be published tomorrow at 06:00 UTC.
Also worthy of note, Euro Zone ECB President Lagarde speech is expected today at 17:45 UTC.
As things stand, Euro-Aussie dollar is 2.49% away from a significant high of 1.6707, first set 28 days ago.
