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.


News


Don’t Be Surprised if You See More of the Same from the Euro

The Euro fell back against the British Pound and the US Dollar last week while gaining broadly elsewhere. Current market trends seem likely to continue going forward.
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EUR/USD Continues to Ease Off - Market Least Short Since May 2014


Euro Lacking Direction as Data Momentum Improves, Brexit Concerns Ebb


Euro Could Suffer as Central Bank Policies Provoke Inflation Protection


No Change in ECB Policy to Put EUR/USD Focus on Press Conference


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Analyst Picks

Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in EURAUD, GBPUSD, AUDJPY & CADJPY
Expertise: Near-term Technicals
Average Time Frame of Trades : 1-2 Days


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