EURAUD Exchange Rate

The total number of building permits issued in Australia was up a seasonally adjusted 1.9 percent on month in March, the Australian Bureau of Statistics said on Thursday - coming in at 12,947.

Germany's industrial production declined for the first time in three months in March driven by the decreases in consumer and intermediate goods output, official data revealed Wednesday. Industrial production declined 0.4 percent on a monthly basis, in contrast to the 1.7 percent increase in February, Destatis reported.

The Australian dollar weakened against other major currencies in the Asian session on Wednesday amid risk aversion, as traders largely refrained from making significant moves after hawkish comments from a few U.S. Fed officials again raised concerns about the outlook for interest rates.

The Australian dollar weakened against other major currencies in the Asian session on Wednesday.

USD: Revisiting the Depth of Market Movements. The response to last week's blend of softer US inflation figures and indications of a slowdown in consumer spending resembles the market's reaction following the initial decline in inflation during the summer.

Dollar rebounds from CPI low, bond yields extend drop after US super core inflation slowed to 5.1% yoy.