End of rally for Euro-Aussie dollar: After three consecutive up days it closed down 0.13% 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.

Australia Retail Sales published yesterday at 01:30 UTC came out at 0%, falling short of the 0.3% projections and continuing its decline from the previous 0.4% figure.

Meanwhile, Australia CFTC AUD speculative net positions released yesterday at 20:30 UTC with a figure of -49,100, while the previous figure was -53,600. Euro Zone CFTC EUR speculative net positions came out at 173,700.

Positive performances can be seen by looking at other currencies as GBP/NZD surges 0.52% yesterday and closed at 2.0311. GBP/JPY added 0.64% and closed around 172.53 yesterday. Notably, USD/JPY rose 0.41% yesterday and closed at 140.05.

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