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.