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Trading Signals

Kicking off the session at 1.6271, Euro-Aussie dollar currency pair peaks at 1.6429

23 April 2023

EURAUD

A quick look at Friday: EUR/AUD gained 153 pips and stayed at the 1.6419 level.

Other currencies are also rising as GBP/NZD is trading around 2.0269 after ending Friday's session at 2.0122 (up 0.73% today). EUR/NZD is trading around 1.7902 after ending Friday's session at 1.7752 (up 0.85% today). EUR/CAD jumps 0.68% Friday and closed at 1.4779.

Also worthy of note, Germany Business Climate Index is projected to outperform its last figure with 94. It previously stood at 93.3; data will be released tomorrow at 08:00 UTC.

The market is looking forward to the release of new data: Germany Current Assessment (Apr) is expected tomorrow at 08:00 UTC. Germany Business Expectations is projected to outperform its last figure with 91.5. It previously stood at 91.2; data will be released tomorrow at 08:00 UTC.

The currency pair has been trending positively for about 2 months. Euro-Aussie dollar is now trading 0.92% away from its significant high of 1.6417 first tested 11 days ago.

Market Summary

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Mixed sentiment sees Euro-Dollar currency pair ending the session broadly flat; establishes tight 1.0969 to 1.1049 range

The Kiwi is growing its four-day winning streak and is trading at 0.63, gaining 19 pips.

Bearish sentiment sends Euro-Pound 0.64% lower

Discover the most volatile currencies from Friday's muted session

Euro-Pound set for weak finish today; down 0.49% to 0.876 with 3 hours before close

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