Upwardly mobile Euro-Aussie dollar extends gains by 105 pips; closes session 0.65% higher

A quick look at yesterday: with a daily low of 1.6265, EUR/AUD closed yesterday at 1.6385, after ending Thursday at 1.628 and gaining 105 pips (0.65%).

Meanwhile, Euro Zone CFTC EUR speculative net positions released yesterday at 20:30 UTC with a figure of 163,300, while the previous figure was 143,400. Australia CFTC AUD speculative net positions released yesterday at 20:30 UTC with a figure of -37,900, while the previous figure was -27,200. Spain Consumer Price Index came out at 3.3%, while a consensus of analysts was expecting 3.3%.

Other currencies are also rising as USD/SGD is trading around 1.3306 after ending yesterday's session at 1.3222 (up 0.64% today). EUR/NZD is trading around 1.7707 after ending yesterday's session at 1.7533 (up 0.99% today).

Meanwhile, AUD/USD drops 1.1% yesterday and closed at 0.6786.

Furthermore, the market is looking at Italy Consumer Price Index is expected tomorrow at 08:00 UTC.

The currency pair has been trending positively for about a month. As things stand, Euro-Aussie dollar is 0.84% away from a significant high of 1.6417, first set 3 days ago.