Euro higher against Australian counterpart

Source: WBP Online
© Scanpix/Reuters
The common currency traded higher against the Aussie, as the Euro was boosted by hopes of a Greek deal and the Aussie was under pressure by slipping commodity prices. The 19-nation shared currency rose 0.3% to 1.4842 against the Aussie by 7:20 AM GMT. The  Australian currency fell, as oil futures declined below the $44 a barrel level and economic data showed that Chinese exports have slowed down significantly. 

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