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EUR/AUD

FXStreet (Guatemala) - EUR/AUD is currently trading at 1.4455 with a high of 1.4473 and low of 1.4446 and flat on the day.

EUR/AUD has been trading flat overnight consolidating the downside from above the 1.4600 mark with the drop pounding down through the 145 handle and onto the mid point of 1.44. The Aussie regathered itself and took the opportunity to do so since the European Court of Justice was ruling the OMT bond-buying program is in line with the European Union law.

Meanwhile, the Aussie is steady and awaits the key jobs data from the Australian economy. The market has been trading off the back of this event despite its unreliability and a change of just 3.8k has been forecasted for December.

Japan Machinery Orders (YoY) came in at -14.6% below forecasts (-5.8%) in November

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AUD/USD awaits Aus jobs data

AUD/USD has entered a period of accumulation between 0.8140 and 0.8170 following a recovery off 0.8110 US session lows after the disappointing US retail sales report.
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