AUD/EURO Transfer
The AUD/EUR cross rate is toying with the 0.5700 mark and oscillates, as the US/EU trade war develops. The Trump Administration offered relief to the EU, giving them negotiating space, until the 9th of July, but progress will be monitored closely. The EUR has benefitted from the latest Court sanctions, on the Trump trade policy, but this may be short-lived.
The current interbank midrate is: AUDEUR .5665 EURAUD 1.7635
The interbank range this week has been: AUDEUR .5660 – .5725 EURAUD 1.7465 – 1.7655
