Change of course? After three days of going up, Euro-Aussie dollar down 21 pips yesterday

Published: May 27 2023, 06:21 GMT+0

Change of course? After three days of going up, Euro-Aussie dollar down 21 pips yesterday

Yesterday at a glance: bearish sentiment ensured EUR/AUD finished yesterday's session lower. However, despite the downward bias, Euro-Aussie dollar etched out a distinct 1.642 to 1.6516 session range.

Euro-Aussie dollar now trading 5.28% above its 3-month low of 1.4289.

Though Euro-Aussie dollar has been dropping, other pairs have been performing better: notably, GBP/NZD rose 0.52% yesterday and closed at 2.0311. GBP/JPY went up by 0.64% yesterday, and closed at 173.63. EUR/JPY went up by 0.43% yesterday, and closed at 150.87.

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