The EUR/AUD currency cross (Euro/Australian Dollar) is the relation of the Euro against the Australian Dollar. The EUR/AUD cross currency gives one the possibility to convert euro’s directly into Australian Dollar’s. (1 EUR per x AUD)
Forex Knowledge: Trading the Euro/Australian Dollar
- Typical broker spread: 3-5 pips
- Currency pair type: cross
- EUR/AUD Nickname(s): N/A
- Most active trading sessions: Euro session and US session / AUD economic events (Sydney/Tokyo session)
- Most active trading hours: 6:00 GMT – 17:30 GMT
- Average daily range (high-low): 260 pips / High volatility
- Trading strategies to trade EUR/AUD: Click here
- Recommended level of trading experience: Expert
- Value of one pip EUR/AUD: Variable
Economic Events That Move The Euro/Australian Dollar
EURO-ZONE
- Trade Balance (Euro Zone)
- Gross Domestic Product (Euro Zone)
- Consumer Price Index (CPI) (Euro Zone)
- ZEW Survey (Euro Zone)
- ECB Rate Announcement and Press Conference
- Current Account (Germany)
- Trade Balance (Germany)
AUSTRALIA
- Trade Balance
- Current Account
- Exports
- Gross Domestic Product (GDP)
- Consumer Price Index (CPI)
- Retail Trade
- RBA Rate Decision
- RBA Governor Speaks
