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June 14, 2023EUR/AUD is grinding lower from 1.5944 to 1.5937, shedding 7 pips (0.05%) today.
Meanwhile, Germany ZEW Economic Sentiment Index came out at -8.5, while a consensus of analysts was expecting -13.1. Germany Consumer Price Index released yesterday at 06:00 UTC with a figure of -0.1%, while the previous figure was 0.4%. Germany ZEW Current Conditions (Jun) released yesterday at 09:00 UTC with a figure of -56.5, while the previous figure was -34.8.
In the meantime, USD/SGD moves 0.06% to trade around 1.3426.
Some optimism can drawn from the fact that Australia Employment Change is projected to outperform its last figure with 15,000. It previously stood at -4,300; data will be released tomorrow at 01:30 UTC.
Furthermore, Euro Zone Deposit Facility Rate (Jun) scheduled to come out tomorrow at 12:15 UTC. Euro Zone Interest Rate is expected tomorrow at 12:15 UTC.
Euro-Aussie dollar is now trading 4.57% away from its significant high of 1.6707 first tested a month ago.
