Weak sentiment sees Euro-Aussie dollar posting 0.8% loss

As the current session draws to a close, Euro-Aussie dollar remains in the 1.6308 – 1.6463 range after dropping 0.8%.

Meanwhile, Euro Zone Interest Rate released yesterday 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. Euro Zone ECB Marginal Lending Facility came out at four.

In the meantime, negative performances are seen in other pairs, EUR/CAD is down 176 pips from the beginning of the session and now trades around 1.473. USD/CAD is trading around 1.3371 (down 168 pips).

Positive performances can be seen by looking at other currencies as GBP/JPY soars 0.95% to trade around 170.32.

The currency pair has been trending positively for about 2 months. Having set a peak of 1.6707 around 9 days ago, Euro-Aussie dollar is now trading 1.52% below this level.