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May 04, 2023Late into the session, EUR/AUD loses 133 pips (0.81%), currently trading at 1.6447.
Euro-Aussie dollar is currently trading at 1.6447 following the release of ECB President Lagarde speech data from the Euro Zone.
Amid the market gloom, Euro Zone Interest Rate released today at 12:15 UTC with a figure of 3.75, while the previous figure was 3.5. Euro Zone Deposit Facility Rate (May) came out at 3.25, while a consensus of analysts was expecting 3.25. Fresh ECB Marginal Lending Facility data from Euro Zone came out at four.
In the meantime, negative performances are also seen in other pairs as EUR/NZD crashes 1.35% to trade around 1.7522. EUR/CAD is down to 1.4902, losing 151 pips, after closing at 1.5053 in the preceding trading session. GBP/NZD dips 0.8% to trade around 2.0007.
Furthermore, tomorrow at 06:00 UTC data for Germany Factory Orders will be released, with an expected decline to -2.2% from the preceding figure of 4.8%. Euro Zone Retail Sales is projected to outperform its last figure with -0.1%. It previously stood at -0.8%; data will be released tomorrow at 09:00 UTC. Australia Home Loans (MoM) will be released tomorrow at 01:30 UTC.
The currency pair has been trending positively for about 2 months. Having set a peak of 1.6707 around 8 days ago, Euro-Aussie dollar is now trading 0.76% below this level.
