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April 18, 2023After dipping down to 1.6243, EUR/AUD regains earlier losses and reaches 1.6306.
At the same time, Germany ZEW Economic Sentiment Index released today at 09:00 UTC with a figure of 4.1, while the previous figure was 13. Germany ZEW Current Conditions (Apr) came out at -32.5, while a consensus of analysts was expecting -40. Italy Consumer Price Index released yesterday at 08:00 UTC with a figure of -0.4%, while the previous figure was 0.2%.
Other currencies are also rising as having closed the previous session at 1.2378, GBP/USD is up 0.43% today to currently trade at around 1.2431. EUR/USD is up 0.39%. GBP/CAD climbs 0.44% to trade around 1.6648.
Elsewhere, Euro Zone Consumer Price Index figure is projected at 6.9%. It previously stood at 6.9%; data will be released tomorrow at 09:00 UTC. Euro Zone Consumer Price Index figure is projected at 0.9%. It previously stood at 0.8%; data will be released tomorrow at 09:00 UTC. Euro Zone Core Consumer Prices is expected tomorrow at 09:00 UTC.
The currency pair has been trending positively for about 2 months. As things stand, Euro-Aussie dollar is 0.71% away from a significant high of 1.6417, first set 6 days ago.
