EURAUD WEEKLY CHART.Euro vs Australian DollarICMARKETS:EURAUDShavyfxhubEURAUD exchange rate currently is 1.63094 in the forex window across all central banks. key technical information to note and why we have a massive sell of the EURAUD. the head of RBA=The Governor is Michele Bullock, who commenced her term on September 18, 2023. the RBA CASH RATE =4.10% What is the cash rate? The cash rate is the interest rate that banks pay to borrow funds from other banks in the money market overnight. It influences all other interest rates, including mortgage and deposit rates. In technical terms, it is the interest rate on unsecured overnight loans between banks (loans banks use to manage their liquidity) The cash rate has a strong influence over interest rates in the economy, such as lending and deposit rates. In turn, these interest rates influence economic activity, employment and inflation. This affects all Australians, not just those with a mortgage. the head of ECB=The President of the European Central Bank (ECB) is Christine Lagarde, who has held the position since November 2019. She leads the ECB's decision-making bodies, including the Governing Council, which is responsible for setting monetary policy for the eurozone. ECB Interest Rates The ECB Governing Council sets three key interest rates to steer monetary policy and manage liquidity in the banking sector. As of April 2026, the current rates, which have been effective since June 11, 2025, are as follows: Main Refinancing Operations2.15% Marginal Lending Facility2.40% Deposit Facility2.00% The Governing Council continues to utilize these rates to maintain price stability, with a primary goal of keeping inflation at 2% over the medium term. The interest rates remained unchanged during the most recent policy meeting in March 2026. the ECB 10 year treasury bond yield EU10Y=3.039% the RBA 10 year treasury bond yield AU10Y=5.27% The interest rate differential=2.1% FAVOUR EURAUD SELL the bond yield differential=2.231% FAVOUR EURAUD SELL the carry trade=FAVOUR SELL MARKET STRUCTURE the rejection of the weekly descending trendline from the line was a higher time frame sell confirmation with the rising AU10Y. upcoming economic docket will play a role in the next direction of trade as ECB will hold a key meeting soon. #ECB #EURAUD #EU10Y #AU10Y