EUR/AUD drops from 1.5646 to 1.5597, losing 49 pips (0.31%) today.
Euro-Aussie dollar is currently trading at 1.5597 following the release of ZEW Economic Sentiment Index data from the Germany.
Meanwhile, Germany ZEW Economic Sentiment Index released today at 09:00 UTC with a figure of -59.2, while the previous figure was -61.9. Germany ZEW Current Conditions (Oct) came out at -72.2, while a consensus of analysts was expecting -68. Italy Consumer Price Index released yesterday at 08:00 UTC with a figure of 0.3%, while the previous figure was 0.8%.
In the meantime, negative performances are seen in other pairs, GBP/NZD plunges 1.51% to trade around 1.9925. EUR/NZD is down 207 pips from the beginning of the session and now trades around 1.7323.
Positive performances can be seen by looking at other currencies as NZD/USD leaps up 1.13% to trade around 0.5678.
Furthermore, Euro Zone Consumer Price Index figure is projected at 10%. It previously stood at 9.1%; data will be released tomorrow at 09:00 UTC. Euro Zone Consumer Price Index figure is projected at 1.2%. It previously stood at 0.6%; data will be released tomorrow at 09:00 UTC. Euro Zone Core Consumer Prices is expected tomorrow at 09:00 UTC.
The currency pair has been trending positively for about a month. Euro-Aussie dollar is now trading 9.5% away from its significant low of 1.4289 first tested a month ago.