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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Euro Could Suffer as Central Bank Policies Provoke Inflation Protection

The European Central Bank’s lack of clarify over its forthcoming policy steps leaves EUR/USD, and really, the whole EUR-complex, at risk to the Federal Reserve’s April policy meeting this week.
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No Change in ECB Policy to Put EUR/USD Focus on Press Conference


Near-term Setups in EURAUD, GBPUSD, AUDJPY & CADJPY


EUR/AUD Reversal Testing Initial Support - Bearish Sub-1.5075


EUR/USD Adrift at Sea, Waiting for ECB and Fed Winds to Blow


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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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