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EUR/AUD still above 1.48 despite recent Euro massive weakness

FXstreet.com (Barcelona) – The EUR/AUD foreign exchange cross rate is last trading at 1.4842, off recent session highs at 1.4871, following the UK Parliament voting against a military intervention on Syria, breaking even for the week so far.

EUR/AUD in range for last 7 trading days

The EUR/AUD is currently slightly lower from previous Asia-Pacific open yesterday mainly due to massive Euro weakness against USD, but not so much against Aussie, as AUD still weighs against USD as well. The cross manages to near the end of the trading week in the Asia-Pacific about to break even, ahead of a 3-day …read more