FX_IDC:EURAUD chart by TradingView

EUR/AUD

This is the Forex quote for the Euro versus the Australian Dollar. In this quote, the value of one Euro ('base currency') is quoted in terms of the Australian Dollar ('counter currency'). EUR/AUD reached its lows in the midst of the European sovereign debt crisis in 2012, when it hit A$1.1619. Since mid-July 2012, the pair has recovered mainly due to the European Central Bank's policy of Outright Monetary Transactions (OMT), the 'whatever it takes' measure that ECB President Draghi threatened in August 2012.


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Webinar: Live Event Coverage: ECB Rate Decision w/ Senior Currency Strategist Christopher Vecchio

DailyFX Senior Currency Strategist Christopher Vecchio discusses the European Central Bank rate decision and how it will impact FX markets, including EUR/USD, EUR/JPY, EUR/AUD, and EUR/GBP.
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Analyst Picks

Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in EUR/USD, EUR/JPY, EUR/AUD & AUDUSD
Expertise: Near-term Technicals
Average Time Frame of Trades: 1-2 Days

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