EUR/AUD Live News

EUR/AUD recovered back to 1.5459 after dipping down to 1.5415 in a session that started at 1.546. (Start trading EUR/AUD at FXTM today).

This in-between state for EUR/AUD is reflected by market data published as Euro Zone's Consumer Price Index published yesterday at 10:00 AM came out at 0.9. The indicator value matched both the projected value and the previous data of 0.9. Germany Unemployment Change published yesterday at 8:55 AM came out at 9,000, falling short of the -13,000 projections and continuing its decline from the previous -37,000 figure. The Australia Interest Rate matches projections with new data release of 0.1. indicator value is unchanged and is the same as previous data of 0.1.

Visual analysis of the EUR/AUD's price graph shows EUR/AUD is climbing away and is now 187 pips from the 1.5271 support line.

Overall, looking at the technical analysis landscape, it seems EUR/AUD might start pointing upward in the short term.

While EUR/AUD is pretty flat so far today, mixed performances are seen elsewhere as SSE is up 1.4%.

Data to be released later might clear up some of the fog for EUR/AUD as Australia Retail Sales is expected tomorrow at 12:30 AM. Tomorrow at 12:30 AM, data for Australia's Balance of Trade will be released, with an expected decline to 6.50 billion from the preceding figure of 6.79 billion. Spain Services PMI is projected to outperform the last figure with 43, while it previously stood at 41.7, data will be released today at 8:15 AM.