EUR/AUD(Euraus)

What is EUR/AUD?

EUR/AUD pairs the Euro against the Australian Dollar. The pair combines two distinct economic drivers: Eurozone monetary policy and Australian commodity / China sensitivity. Daily ranges of 90 to 140 pips are routine, expanding to 200+ pips during central-bank events.

Because AUD is a risk-on currency and EUR has its own monetary cycle, EUR/AUD often produces cleaner trends than purely USD-driven pairs. Worth watching alongside AUD/USD: when both pairs trend in the same direction, the AUD signal is high-conviction.

Base currency

EUR (Euro, Eurozone)

Quote currency

AUD (Australian Dollar, Australia)

Pip location

4th decimal (0.0001)

Volume share

about 1% of daily global forex turnover

When to trade EUR/AUD

EUR/AUD has two prime windows. The Asian + early-London overlap (8 PM to 6 AM ET) captures the AUD-side moves. The London open (3 to 6 AM ET) drives EUR-side flow.

Avoid the late-NY window (3 to 5 PM ET) — both home markets are closed, US desks are winding down, and the pair drifts in thin ranges.

Best session

London + Asian overlap (8 PM to 6 AM ET)

Avoid

Late NY (3 to 5 PM ET, illiquid)

News events that move EUR/AUD

ECB and RBA rate decisions are the highest-impact events. Divergent moves (ECB hiking while RBA holds) can produce 150 to 250 pip ranges on the announcement.

Chinese economic data (PMI, GDP, retail sales) matters because of AUD's China sensitivity. Strong Chinese prints push EUR/AUD lower as AUD strengthens. Eurozone CPI and PMI also drive the pair, typically with 40-80 pip ranges on major prints.

Central banks

European Central Bank (ECB), Reserve Bank of Australia (RBA)

Key releases

ECB rate decisions, RBA rate decisions, Eurozone CPI, Australian CPI, Chinese data

Want the full event calendar? See the economic calendar, and look up unfamiliar terms in the forex glossary.

EUR/AUD FAQ