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April 17, 2023Late into the session, EUR/AUD loses 75 pips (0.46%), currently trading at 1.6306.
Euro-Aussie dollar is currently trading at 1.6306 following the release of ECB President Lagarde speech data from the Euro Zone.
Amid the market gloom, Italy Consumer Price Index released today at 08:00 UTC with a figure of -0.4%, while the previous figure was 0.2%.
In the meantime, negative performances are seen in other pairs, EUR/USD is trading around 1.0929 (down 68 pips).
Though Euro-Aussie dollar has been dropping, other pairs have been performing better: having closed the previous session at 0.8928, USD/CHF is up 0.62% today to currently trade at around 0.8983. USD/SGD is up 0.32% to 1.334.
Furthermore, Germany ZEW Economic Sentiment Index figure is projected at 15.1. It previously stood at 13; data will be released tomorrow at 09:00 UTC. Australia RBA Meeting Minutes is expected tomorrow at 01:30 UTC. Germany ZEW Current Conditions (Apr) is scheduled for tomorrow at 09:00 UTC.
The currency pair has been trending positively for about 2 months. Euro-Aussie dollar now trading 5.41% above its 3-month low of 1.4289.
