After a mostly steady day, EUR/AUD loses 108 pips late into the session, trading at 1.5334.
Nonetheless, encouraging indicators for Euro-Aussie dollar published earlier when Unemployment Change in Germany fell short of market expectations (13,000) with a reading of 17,000, continuing the decline from the previous figure of 9,000.
Meanwhile, Euro Zone Consumer Price Index came out at 10%, while a consensus of analysts was expecting 10.4%. Germany 10-Year Bund Auction released today at 10:30 UTC with a figure of 1.95, while the previous figure was 2.25.
In the meantime, negative performances are seen in other pairs, USD/SGD is down to 1.361, losing 135 pips, after closing at 1.3745 in the preceding trading session. After ending yesterday's session at 0.9534, USD/CHF lost 91 pips and is trading around 0.9443.
Though Euro-Aussie dollar has been dropping, other pairs have been performing better: NZD/USD jumps 1.66% to trade around 0.6304.
Furthermore, Australia Private New Capital Expenditure (QoQ) (Q3) will be released tomorrow at 00:30 UTC. Germany Retail Sales projected to decline to -0.6% while previous data was 0.9%; data will be released tomorrow at 07:00 UTC. Spain Manufacturing PMI figure is projected at 45.6. It previously stood at 44.7; data will be released tomorrow at 08:15 UTC.
As things stand, Euro-Aussie dollar is 8.07% away from a significant low of 1.4289 first set 3 months ago.