Back
27 Jan 2015
EUR/AUD rises above 1.4300
FXStreet (Córdoba) - EUR/AUD rose further during the American session and reached at 1.4355 the highest price since last Thursday. The pair is holding above 1.4300, consolidating a daily gain of 150 pips.
The aussie is the worst performer among commodity currencies while the euro is rising across the board. The strength of the European currency pushed EUR/AUD to break above the 1.4260 area, that capped the upside on Friday and also yesterday.
With today’s rally the EUR/AUD has now climbed almost 400 pips from Thursday's lows, when it dropped to 1.3962 reaching the lowest level in four months.
The aussie is the worst performer among commodity currencies while the euro is rising across the board. The strength of the European currency pushed EUR/AUD to break above the 1.4260 area, that capped the upside on Friday and also yesterday.
With today’s rally the EUR/AUD has now climbed almost 400 pips from Thursday's lows, when it dropped to 1.3962 reaching the lowest level in four months.