EUR/AUD fails at 1.50 big round number

FXstreet.com (Chicago) – EUR/AUD accumulated small gains as worldwide concerns by the Syrian conflict seemed to have diminished for the time being, although reports still suggest a strike might be hours/days away. Although the euro strengthened against the Aussie, the pair remains capped by offers at 1.4927 despite reaching 1.50 earlier in Wednesday.

Is there relief?

Earlier in Europe, the M3 Money Supply growth (3m) was released at 2.5% vs. previous 2.8%. The annual result was 2.2% vs. previous 2.4% and estimates at 2.0%. Private loans decreased to -1.9% compared to previous -1.6% results and estimates at -1.5%. In Italy retail …read more