The EUR/AUD forex pair is based on the value of the euro against the Australian dollar. Its price reflects how many AUD (the quote currency) are needed to buy one euro (the base currency). This currency pair represents two of the most popular currency pairs to trade and is affected by a number of factors. As Australia is close to Asia, imports and exports between these continents can have an impact on the currency’s performance, especially for commodity trading. The euro can also be affected by interest rates set by the European Central Bank, so traders should pay close attention to monthly policy statements. View our live EUR/AUD chart and register for a spread betting or CFD account.
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