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May 17, 2023After dipping down to 1.6264, EUR/AUD regains earlier losses and reaches 1.6285.
Australia Employment Change data will be released tomorrow at 01:30 UTC, with an expected decline to 25,000.
Meanwhile, Euro Zone Consumer Price Index released today at 09:00 UTC with a figure of 7%, while the previous figure was 6.9%. Germany 10-Year Bund Auction came out at 2.31. Euro Zone Core Consumer Prices came out at 5.6%, while a consensus of analysts was expecting 5.6%.
Elsewhere, other currency pairs are also gaining ground as USD/CAD gained 0.1% and is currently trading at 1.3466.
Other currencies are showing mixed performance as GBP/USD trades with no major change, around 1.2479. USD/JPY moves 0.05% to trade around 137.61.
Also worthy of note, Australia Employment Change expected to decline to 25,000 while its preceding data was 53,000, data will be available tomorrow at 01:30 UTC.
Elsewhere, Euro Zone ECB President Lagarde speech scheduled to come out tomorrow at 09:00 UTC. Australia Unemployment Rate is expected tomorrow at 01:30 UTC.
As things stand, Euro-Aussie dollar is 2.62% away from a significant high of 1.6707, first set 21 days ago.
