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March 09, 2023EUR/AUD remains constrained within a 1.5939 to 1.6024 range and is currently trading around the 1.5957 level.
Meanwhile, France Non-Farm Payrolls (QoQ) (Q4) released today at 06:30 UTC with a figure of 0.2, while the previous figure was 0.4. Australia Building Approvals (MoM) came out at -27.6, while a consensus of analysts was expecting -27.6. Euro Zone GDP published yesterday at 10:00 UTC came out at 1.8%, falling short of the 1.9% projections and continuing its decline from the previous 2.3% figure.
In the meantime, negative performances are also seen in other pairs as USD/JPY closed at 136.07 (down 0.88%). EUR/JPY dips 0.65% to trade around 143.78.
Positive performances can be seen by looking at other currencies as GBP/USD rises 0.53% to trade around 1.1903.
Furthermore, Germany Consumer Price Index figure is projected at 8.7%. It previously stood at 8.7%; data will be released tomorrow at 07:00 UTC. Euro Zone ECB President Lagarde speech is scheduled tomorrow at 15:00 UTC. Germany Consumer Price Index is expected tomorrow at 07:00 UTC.
Euro-Aussie dollar is now trading 0.12% away from its significant high of 1.6014 first tested 2 days ago.
