The level to watch is 1.2918, which was the low from January 2011. There may be some option activity if we break below there, with traders forced to sell to hedge their exposure.
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EUR/AUD closing in on record lows
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
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- Economic and event calendar in Asia Monday, May 11, 2026 - China inflation data
- Japanese markets are about to get more active and respond to the US-Iran war of words
- US futures trade has opened for the new week, oil is higher and equites a bit lower
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