Euro-Aussie dollar lost 0.11% Friday, ending at 1.5923

A quick look at Friday: EUR/AUD ended Friday at 1.5923 following from closing Thursday at 1.594. Overall, this represents a loss of 16 pips or 0.11%.

Furthermore, projections for Germany Producer Price Index are set for a continuation of decline with -1.6% while previous data was -1%; data will be released tomorrow at 07:00 UTC. Euro Zone Trade Balance (Jan) is expected tomorrow at 10:00 UTC. Australia RBA Assist Gov Kent speech is scheduled today at 22:10 UTC.

The currency pair has been trending positively for about 28 days. Euro-Aussie dollar is now trading 1.54% away from its significant high of 1.619 first tested 7 days ago.