Friday at a glance: EUR/AUD goes down 0.11% to close at 1.5923 Friday.
Euro-Aussie dollar's value drop coincided with the fact that USD/JPY is down to 131.8, losing 178 pips, after ending the previous session around 133.59. USD/SGD drops 0.44% Friday and closed at 1.3456. EUR/NZD lost 0.75% Friday and closed at 1.7137.
Furthermore, Germany Producer Price Index expected to decline to -1.6% while its preceding data was -1%, data will be available tomorrow at 07:00 UTC. Euro Zone Trade Balance (Jan) is scheduled for tomorrow at 10:00 UTC. Australia RBA Assist Gov Kent speech set for today at 22:10 UTC.
The currency pair has been trending positively for about 28 days. Having set a peak of 1.619 around 7 days ago, Euro-Aussie dollar is now trading 1.54% below this level.