Euro-Aussie dollar trades at 1.5531 after gaining 93 pips (0.6%).
Euro-Aussie dollar is currently trading at 1.5531 following the release of Consumer Price Index data from the Euro Zone.
This move comes while some more positive signs for Euro-Aussie dollar are out as Australia Employment Change beat analyst expectations of 15,000 and the previous reading of -3,800 with new data of 32200.000000000004.
Meanwhile, Euro Zone Consumer Price Index released today at 10:00 UTC with a figure of 10.6%, while the previous figure was 9.9%. Euro Zone Core Consumer Prices came out at 5%, while a consensus of analysts was expecting 5%.
A look at other currencies also shows bullish price action as having closed the previous session at 1.37, USD/SGD is up 0.52% today to currently trade at around 1.3772.
Meanwhile, AUD/USD is down to 0.6657, losing 73 pips, after closing at 0.6731 in the preceding trading session. GBP/USD falls 0.93% to trade around 1.1806.
The market is looking forward to the release of new data: Euro Zone ECB President Lagarde speech set for tomorrow at 08:30 UTC. Germany Buba Balz speech is scheduled today at 17:00 UTC. Germany Buba President Nagel speech is scheduled for tomorrow at 13:00 UTC.
Having set a significant low of 1.4289 2 months ago, Euro-Aussie dollar is trading 8.04% higher.