EUR/AUD Forecast: Euro Drops Against Aussie as ECB Meets

May 10, 2026 - 18:58
EUR/AUD Forecast: Euro Drops Against Aussie as ECB Meets
EUR/AUD extends its downtrend as RBA rate hikes, commodity strength, and Europe's energy concerns keep selling pressure elevated, with traders eyeing rallies to fade and a critical breakdown level at 1.61.