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


EUR/USD Ebbs and Flows, but Not Due to Euro Influences

EUR/USD spilled lower into the end of the week after another strong US jobs report, but over the immediate future, there are few reasons to expect significant price action as it were in the preceding weeks.
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EUR/USD Prospects Turnaround Over Span of a Week after GDP Surprises


Pressure Back on EUR/USD as Market Sees Looser ECB, Tighter Fed


ECB Keeps Rates on Hold; EUR/USD Shifts Lower after Draghi


Preview for ECB: No Rate Cut Yet but Tweaks to QE Program Possible


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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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